What investors should do when there is more volatility in the market

Find Insider Deals for items perfect around the house and on the goTrader Gregory Rowe works on the floor of the New York Stock Exchange, Monday, Aug. 5, 2024. , but the average investor may still be understandably spooked. Over a three day losing streak, the S&P 500 dipped more than 6% before rallying again Tuesday, up 1.6% in midday trading.

“For everyday investors, volatility is the price you pay to be invested in the stock market,” Silver said. “But it’s very unsettling when we see big market drops of two to three percent… It’s a little unnerving for people who have their money in 401’s or IRA’s or retirement funds to watch this magnitude of volatility.”

In terms of selling, though, he said the best advice for most investors is to do nothing and wait for the volatility to cool down.“Whenever you invest in stocks it’s important to be mindful of your time horizon,” said Alev. “For instance, do you expect you’ll need to liquidate in the near future? In that case, you’re likely better off opting for a less volatile and more risk-averse mode of growing your money, such as a high-yield savings account.

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