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Expert: Stick to the Plan in Down Market

With another down day on Wall Street, investors are undoubtedly worried these days, but should you pull your money out of the stock market? The Dow Jones Industrial Average was down over 500 points at one time yesterday (Wednesday) before making a small rally to close down 249 points. Rick Hansen with the Meyers Investment Group says the slowdown in the market here, is due to the slowdown in China’s economy…

Listen to Rick Hansen 1

The market has been down for the past several weeks, since before the beginning of the year. Hansen says, though, that whether you should stay invested in stocks depends on what he calls being a “swan” investor…

Listen to Rick Hansen 2

SWAN-for sleep well at night. Hansen says if you have an investment plan, staying the course is usually the best option, regardless whether the market is up or down.

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