WOODBURY - Financial advisors say the best way to absorb the shockwaves of a market that is becoming more volatile by the day is to diversify your investments and - take a deep breath.

Jon Ten Haagen, who has been a financial planner for more than 30 years, says he urges clients to focus on the long-term picture during sell-offs, such as what has hit U.S. equity markets during the past week.

Haagen also says mutual funds are still a good investment and investors should look to take advantage of low prices and buy shares of large, well-established companies that have managed market volatility before.