How to Mentally Prepare for a Volatile Market
Understanding the role of short- and long-term investments, controlling what you can, and adopting a contrarian mindset can help investors mentally weather, and even profit from, a market downturn.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com, and welcome to The Friday Five.
Fiscal cliff woes and ongoing troubles in Europe set the stage for a rocky ride ahead. Joining me to share five tips for handling a volatile market is Jason Stipp, site editor for Morningstar.com.