No one likes the feeling when their investments drop in value. Precipitously.
It's kind of like that uneasy feeling you get in your stomach when you round the top of the rollercoaster and begin the descent.
If you're looking for solace, here are some comforting reads that have been making the rounds. If you have an article that makes you feel better in these volatile times, please share it in the comments below.
Tim Maurer nails it. Make volatility part of the plan. Expect it and have a strategy for dealing with it before it happens. Then, saddle up and hold on tight.
Wait a minute – is this actually a meltdown? The suggestions in this piece are good, including the last one: just walk away. Take a break. Stop watching the news. But I might not have started the piece off by calling it a "meltdown".
Now, here's a great approach: storytelling. Josh Brown can spin a yarn with the best of them, and this is exactly what's needed. People need to see through the storm. The sun will shine again.
They happen. They tend to pass. Next.
You cannot predict the future looking in the rearview mirror, but hindsight has something to be said for it.