Excerpt: So, besides not panicking, the second thing you can do is this. Every calamity creates an opportunity to revisit your investment plan.... For those who have a time horizon of five years or more, it's quite possible that you don't have to change a thing. Your standard 60% stocks and 40% bonds portfolio was built, presumably, to withstand this sort of volatility and bounce back some years later. For those who need to tap into their nest egg within five years, it's possible that you may not have to change anything either, especially when you factor in how long the portfolio has to last.  MORE >>