The markets are down. Here's how to handle your investments – WOUB
By: Marielle Segarra | Clare Marie Schneider | NPR
WASHINGTON, D.C. (NPR) — Have you checked your retirement plan lately? Don’t. Big indices like the S&P 500 and the Russell 1000 just hit 52-week lows. And the Dow fell into what experts call a “bear market,” which means stocks have fallen 20% from a recent high. This all means that your stocks are probably worth a lot less than they were a year ago.
So how should you be handling your investments at the moment? Bola Sokunbi, founder and CEO of Clever Girl Finance, a personal finance education platform for women, talks to Life Kit about what to do — and how to manage the stress and anxiety around the changing markets.
Here are some takeaways from the conversation:
The audio portion of this episode was produced by Clare Marie Schneider. The digital story was edited by Malaka Gharib. We’d love to hear from you. Leave us a voicemail at 202-216-9823, or email us at LifeKit@npr.org.