What is the best advice to give people when the stock market is on such a rollercoaster ride?

What is the best advice to give people when the stock market is on such a rollercoaster ride? What is the best advice to give people when the stock market is on such a rollercoaster ride?

1 Expert Answer

Wendy Habegger, PhD

Lecturer in the James M. Hull College of Business,  Augusta University

Frankly put, if one can't stomach when the roller coaster drops, don't get on the ride. If one does not have much tolerance for risk, they should not invest in the stock market. If one is already invested in the stock market and breaking into a cold sweat every time they look at their stocks, then they need to take a cash position, meaning cash out of the stock market

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