Despite the fact that financial markets are volatile, attempted a bounce back on TuesdayThey are mostly in the middle of an extended sell-offThis has resulted in some severe consequences for stock market leaders.

The Dow Jones Industrial Average’s seven-week slump is its longest since 2001, while the S&P 500’s six-week losing streak is its longest since June 2011, CNBC reports.

Warren Buffett, an investor who is saving money for retirement might be asking what they should do in such turbulent market.

“I would like to tell [investors]Don’t pay too much attention to the market.” Buffett told CNBC in 2016During a time of market turmoil.

According to the Oracle of Omaha, investors who invest in “good companies over time” will be able to see returns 10-20 and 30 years later. “If they are trying to purchase and sell stock, they will not have very good results,” said he. The best way to make money investing is by owning quality companies over a long period of time. This is what stock investors should do.

Buffett is not the only expert who recommends buying. index fundsThese stocks are automatically diversified and include every stock included in the index. The S&P 500, for example, includes big-name American companies like Apple and Amazon.

The late legend investor Jack Bogle recommended that investors buy and hold stocks. CNBC previously reported that Bogle believed holding stocks was the best investment strategy because your emotions can defeat you if you sell them to make losses.

Keep the course Bogle said in 2018. These changes, no matter how large or small, will not be allowed to affect the market. [like the financial crisis] … change your mind and never, never, never be in or out of the market. Be in the market at a level you are comfortable with.”

CNBC Make It’s financial experts say that most investors will not react to market changes. Better to just wait for the market’s changes.

A diversified portfolio is better than a small one. [index funds]If you can afford it and have enough time, these are the best roller coasters to take,” Ashton Lawrence says, who is a partner and certified financial planner. Goldfinch Wealth Management.

Sean M. Pearson is a financial advisor who says that selling when the market is down could actually cause investors to lose their long-term plans. Ameriprise Financial.

“Markets don’t settle down. They rise up,” he said. Markets recover when the news is good. If you don’t catch the recovery, it’s very likely that you will make it more difficult to achieve your financial goals.

The majority of investors may instead want to ignore their 401(k) accountsPearson recommends that you check them daily, rather than checking every day.

“I have been an investor professional for more than 20 years. I haven’t logged in to my 401(k site since the start of this. [slide]He says. For many people, not seeing this could be the best thing to help them fall asleep at night.

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