Trading can be a very emotional business. Sometimes greed and fear take over. The current events in Japan have investors worried about the impact it will have on their portfolio’s and retirement accounts. Looking back at other catastrophic events it has been proven that it might just be best for investors to hold on tight.
A natural disaster like Haiti and even the turmoil of 9/11 sure rattled the markets but they were only temporary and did not have a lasting effect on the economy.
Sometimes it’s best to take a deep breath and watch all of the fear shake out.