18. Don’t Make Changes in a Down Market

It’s a tale as old as time. As soon as the markets take a dive, people change their contributions on impulse. Financial advisors claim you should avoid doing this, even though in the moment it might feel like a smart move.

It’s overall better to stick to your guns and play the long game instead of making impulsive decisions. Your retirement will thank you for it.

It’s also good to remind yourself that the market is volatile. You can’t always expect it to go swimmingly. If you mentally prepare yourself, you’re less likely to make rash decisions.