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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.

How to Mentally Prepare for a Volatile Market

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.

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