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Young Investors
- Do have a financial plan, no matter how young you are.
- Don't alter your plan because of a drop in the stock market.
- Do keep enough cash on hand for contingencies.
- Don't stop paying your bills, especially student loans, car loans and credit card debt.
- Do start planning for retirement. Put as much as you can into your plan.
Middle-aged Investors
- Do take advantage of the tumbling market and invest in cheap blue-chip stocks if you have retirement income you can count on.
- Don't speculate on companies, sell your stocks or throw your portfolio out of balance.
- Do choose an age-weighted investment strategy to protect your children's college funds.
- Do cut expenses by paying down credit cards or looking into refinancing your mortgage.
Seniors Investors
- Do keep some of your portfolio in the stock market.
- Don't sell during a downturn if you can help it.
- Do have enough emergency funds on hand so you can weather stock market fluctuations.
- Don't worry about short-term drops in stock values.
- Do meet with a financial adviser.
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