10 Tips for Keeping a Cool Head in a Market Meltdown

Here is the link.

1. Reach for the 'off' switch
2. Pace yourself for the long haul
3. Keep clam, and pass the ketchup
4. Practice your rebalancing act
5. Watch China
6. Weather the turmoil with money market funds
7. When things look down, look up
8. Bubble, bubble? No such trouble
9. Say this three times fast: Weltanschauung
10. Adopt a beagle

They should recognize that investing is a marathon, not a sprint. Look at this as a buying opportunity. Stocks are on sale. Panic selling is never a good idea. It certainly could go lower, but I'm a buyer here.

Selloffs are all too common in market slumps, but that means there are bargains out there.

This is especially true if your portfolio is not in line with your targeted asset allocation.