The market has investors seeing red — literally as well as figuratively — in the latest steep sell off. But advisors say now isn't the time for panic-driven shifts in your investment strategy.
The Dow briefly plunged more than 1,500 points Monday afternoon, entering correction territory before recovering.
Members of the CNBC Digital Financial Advisor Council say for long-term investors, the market's movement is noise rather than a change in fundamentals.
"Nothing has materially changed in the economy and interest rates were expected to go higher," said Ivory Johnson, a certified financial planner and the founder of Delancey Wealth Management in Washington, D.C.