Experts Advise Keeping Calm Through Stock Market Crashes
• Don't sell growth stocks during a crash, even if they are falling more than the overall market. They tend to recover well long-term if their business prospects remain strong.
• Don't overhaul your portfolio and change your investment strategy drastically during a crash. Stick with quality stocks you believe in for the long run.
• Remember that market crashes and bear markets are temporary. Stay focused on long-term portfolio performance over 5+ years.
• Past major market crashes and bear markets have always eventually recovered and reached new highs over the long term.
• Don't check your portfolio's daily performance obsessively during a crash. The short-term movements can be scary but aren't predictive of long-term returns.