MMS061: What to Do When the Stock Market Goes Down

We've seen quite a few moments of volatility in stock market during recent months -- including dramatic drops of more than 200 or 300 points. But do you really need to freak out and sell when the stock market goes down?

The reality is that too many people realize losses when they panic and sell while the market is down. Instead of making a terrible decision and locking in your losses, you should step back and examine your options when the stock market goes down.

If you have the right approach, you can ride out a stock market downturn -- or even make some good money if you know how to go bargain hunting.

Show notes: http://moneymastermindshow.com/episode61-stock-market-goes-down/

Important issues discussed in this episode:

Is it really the right time to sell when the stock market goes down?

How can you protect your long-term portfolio during times of volatility?

What are some of the best strategies for sleeping at night as an investor?

When is it time to turn off the TV and ignore the noise?

Panelists In This Episode:

Glen Craig | Free From Broke

Kyle Prevost | Young and Thrifty

Miranda Marquit | Planting Money Seeds

Peter Anderson | Bible Money Matters

Tom Drake | Canadian Finance Blog

For a quick bio of each of our show participants, head on over to our panelists page.

http://moneymastermindshow.com/panelists/

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