"One of the biggest regrets of adults is not investing sooner. If you have yet to invest into the market, consider this volatility a great opportunity to do so," Mallen says.
Whatever your approach, remember to pay yourself first, says Kelly. "Save as much as you can in retirement accounts" like a 401k or Roth IRA. Also, "cut costs where you can and make sure you have an emergency fund: three months to six months of living expenses."
"When it seems like the sky is falling," he adds, "do your best to remain calm and remember that corrections and market downturns are normal and healthy. As an investor, you never want to make decisions based on emotions, especially fear, so first and foremost, try to remain calm."
McBride agrees: The best strategy is to "maintain your long-term perspective."
Here are some more tips that can help you make the most of investing.
This story was originally published on October 11, 2018, and has been updated to reflect current stock market changes.
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If you're investing while the stock market is volatile, avoid these 4 mistakes