Don’t overreact to stock market’s ups and downs
By David Pitt
The Associated Press
updated 9:22 am PT, Mon., June 7, 2010
Highlights:
Understand the marketPart of learning to ignore the swings is understanding that some amount of market volatility is normal. The key is to understand that it can be caused by different factors.
Today’s market fluctuation is nothing like 2008 when credit markets were collapsing, banks had little liquidity and the economy was on the verge of a meltdown, said Rose Greene, a Los Angeles financial adviser.
“It may have nothing to do with North Korea, China or Europe,” she said. “If you know that, you can incorporate that into your thinking and you can breathe.”
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