1. Avoid selling your investments
It can be tempting to pull your money out of the market when the economy is in a slump. Recessions and market downturns often go hand in hand, and if we experience a recession, there’s a chance that stock prices could fall even further. Any dividends being paid will reinvest on sale that is a good thing.

2. Strengthen your emergency fund
Because downturns are one of the worst times to withdraw your money from the stock market, it’s especially important to have a healthy emergency fund. Ideally, this means having enough savings to cover at least three to six months’ worth of living expenses.

Step back, take a breath, and stay the course. You are investing for the long term.

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