You need to keep this in perspective. A 1000 point drop when the DOW is at 28,000 is about 3%. Go back and look at how many 3% drops have happened in the past. It's just when the DOW was 5000 and dropped 150 points or 3% it didn't seem so bad. And as an investor you should care more about the S&P or the total stock market than the DOW. One big stock with a significant drop can swing the DOW way out of proportion. Total market drop was 3.29% and that is pretty high for one day. But what you really need to do is just one simple thing. Do nothing.
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Life is to short to drink cheap wine.
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