Despite Wall Street’s volatility – don’t push panic button

Wake Up 2day

The stock market kicked off the second quarter with deep losses Monday as the Dow Jones Industrial average dropped 450 points.

But on Tuesday, the indexes were back in positive territory.

What does this volatility mean? And should we hit the panic button?

This on morning on Wake Up 2day, consultant Martha Khoplin joined us in studio to address the market.

The U.S. stock market is coming off its first quarter of negative returns since 2015.

Khoplin says now is not the time to make drastic changes to your 401K or IRA. 

Instead, she said you should contact a financial adviser to determine your needs, goals, and most importantly, what your budget can handle.

She said each person is different and it’s important to understand that there’s no crystal ball when it comes to the stock market. 

When it comes to finances there is no such thing as a “one size fits all model.”

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