How to Cope With Market Volatility
Market volatility may hang around awhile, writes contributor John Waggoner.
If you start to whimper just a little bit before you read the market news, it's probably because stocks are more volatile now than they have been since 2011, when oil prices soared, U.S. debt got downgraded, and Justin Bieber released "Never Say Never."
Volatility, of course, is really a euphemism for "scary down days, often in succession." No one complains about a market with wild and crazy gains. But heightened volatility can not only wrack your nerves, it can make you do silly things with your money.
John Waggoner does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.