Curtis D. Sharp
Executive Officer for Denominational and Public Relations
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Curt.Sharp@GuideStone.org

Updated 11/18/08: Market swings shouldn't panic investors

November 18, 2008

DALLAS — Stocks started the week with a sharp sell-off. The Dow Jones Industrial Average fell almost 224 points, or just over 2.6%. The Nasdaq market was off almost 2.6% and the S&P 500 was down 2.3%. Analysts speculated investors are more concerned about the U.S. entering — or already in — a recession.

Monday’s drop was the latest swing that has seen the market make record point jumps and drops since early September.

While Monday’s market performance may be disheartening for stock and stock mutual fund investors, it’s important for long-term investors to rely on their investment strategies, and not make decisions based on short-term market changes, good or bad.

Read more about how investors should respond to this volatile market.

Word Version - Updated 11/18/08: Market swings shouldn't panic investors