Financial planners have been trying to both warn and reassure nervous investors over the stock markets' recent plummets.
In fact, CNBC financial guru, Suze Orman, who owns a home in North Broward, advised in a tweet that "these markets could continue to go down.''
But, she added, "if you are dollar cost averaging in good quality stocks, ETFs, Mutual Funds, you are okay -- don't stop.''
She did advise putting on the brakes "if you are a lump sum investors -- where you take all your money and invest it in one lump sum -- I would not be doing it quite yet."
Matt Saneholtz, president-elect of the Financial Planning Association of Greater
"We're long-term investors,'' he said. He said there is always the chance of short-term volatility.
Still, he admitted, that many of his clients have been rattled by the recent plunges, especially on Friday and Monday with the
"There's obviously a lot of uncertainty, of fear,'' he said. "No one knows where the economy is going, whether it is going into a double-dip recession.''
His clients have been saying, "I've been patient up this point,'' Saneholtz added. "They want to share their unhappiness with the current situation."
People also have been using humor to cope. One man tweeted "My 401(k): RIP.''