Financial expert: Remain calm during market sell-off

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.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."