Suze Orman: How to handle fear and make smart money moves during the coronavirus crisis investinyou (In partnership with acorns.)
Here's what I have done throughout my life when I have faced adversity and fear is beginning to take hold. I stand in front of a mirror and give myself a talking to:Sometimes I have needed to repeat it more than a few times, until I am feeling stronger and remembering that how I think, act and feel is going to have a big impact on my future hours, days and weeks.
I get how scary the fast and deep fall in stock values feels. But if you aren't yet retired, now is. Focus on the long term. For those of you who were working and investing when the financial crisis hit in 2008, sending stocks down more than 50%, you know that staying focused and sticking with your long-term strategy worked, as the bull market that ran from 2009 through earlier this month produced strong gains.
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