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5 ways to stay calm in a down market

When stocks are falling, take these steps. They'll keep you from doing things you'll be sorry for later.

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1. Paste this to your computer
Paste this to your computer
Had you invested in an S&P 500 index fund in August 1997 and sat tight for 10 years, you'd have racked up an 88% return. Had you missed just the 20 best days in the market over that period, you would have had a 20% loss, according to Chicago's Altair Advisers. Moral: Stock returns come in bursts. Step out of the market, even temporarily, and you may miss the whole point of owning stocks.
NEXT: Get your emotions out of the picture
Last updated March 12 2008: 9:36 AM ET
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