Local

Consumer Warrior Clark Howard: Don’t panic when you see stock market volatility

Jacksonville FL — Consumer Warrior Clark Howard is back with more tips on how to get more money into your pocket. Clark says with the market volatility we’re seeing right now, it’s important to ride the waves. Clark says he’s seen people with 401K’s stop contributing for now and wait until it’s safe again.

“The problem is, we don’t know when it turns and then you miss a lot of the upside”. Clark says.

Clark says the best thing to do is called dollar-cost averaging, which is to keep doing what you’re doing by putting a little bit of money in every paycheck and every month and ride through the market volatility.

“You’re not investing for today; you’re investing for way down the road from now”. Clark says.

Click here for more money-saving advice from Clark Howard.

Steven Ponson

Steven Ponson, News 104.5 WOKV

Steven Ponson is the Co-Anchor of Jacksonville's Morning News. He has been with Cox Media Group since the summer of 2015, and with WOKV since mid-2017.

mobile apps

Everything you love about wokv.com and more! Tap on any of the buttons below to download our app.

amazon alexa

Enable our Skill today to listen live at home on your Alexa Devices!