should you panic when the stock market is down?
**Should You Panic When the Stock Market Is Down?**
Don’t panic, it's normal for the stock market to have its ups and downs.
Professionals tend to recommend not to sell your stocks out of fear.
Your goal should be to have a long term focus and let the market recover on its own.
If you have diversified your portfolio and invested in different asset classes, chances are you are mitigating your risk.
When one investment in a specific industry goes down, your investments in another industry may help offset those losses.
Look at what you can buy in the dip, it's like buying stocks on sale.
Try not to keep checking your portfolio everyday especially if you are an anxious person.
Look into the benefits of investing in a basket of stocks from companies in various sectors and industries.
Look at the dollar cost average investment strategy of investing a continuous amount of money on a consistent basis, that way you ride out the ups and downs of the market.
Remember to invest consistently and investing is about controlling your emotions.
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