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The markets are down. Here's how to handle your investments – WOUB

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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:

A dollar melts into what looks like a stock market tracker.
[Michael Raines | Getty Images]

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.

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Author

Joseph Muongi

Financial.co.ke was founded by Mr. Joseph Muongi Kamau. He holds a Master of Science in Finance, Bachelors of Science in Actuarial Science and a Certificate of proficiencty in insurance. He's also the lead financial consultant.