Well, that was wild. The markets are officially in correction territory, the TSX Index was shut down because of a technical glitch and the price of oil has suffered its worst drop since 2011.
Caution is certainly warranted, but abandoning ship is not the answer. In times such as these, retail investors tend to make investment decisions based on emotions. This is the single biggest reason why retail investors underperform the markets.
Fellow contributor @Dale Roberts wrote an excellent article about this. If you are in panic mode or not sure what to do, have