Market Downturns Are UnavoidableHere’s What You Can Do To Make The Most Of This One [Video]

The U.S, stock market has been on a volatile ride in recent weeks amid a selloff in big-name technology stocks and rising concerns about the health of the U.S. economy. Major indexes finished sharply lower on Friday, with the S&P 500 posting a loss for the third consecutive week, its longest losing streak since April. 

While a look at the headlines in financial news or a peek at your brokerage account could inspire panic, here’s what experts recommend you do instead to make the most of this downtrend.

Chris Mankoff, a CFP and Partner at JTL Wealth Partners, has had clients calling and asking him about what they should do about the recent drawdown. He strongly discourages retirees or pre-retirees from panic-selling in this environment, as doing so might mean missing out on returns down the line. 

“Be prepared to have these pullbacks and corrections. They’re normal,” said Mankoff. “Let’s use this as a buying opportunity. If it’s one of those deals where we keep dropping, …