Financial Expert Offers Stock Market Advice - News9.com - Oklahoma City, OK - News, Weather, Video and Sports |

NEWS

Financial Expert Offers Stock Market Advice

Posted: Updated:
[File Photo] [File Photo]
OKLAHOMA CITY -

This week, the stock market has taken us on a roller coaster ride. After several consecutive days of losses, the market bounced back in a big way, posting its biggest two day gain since 2009.

Now, a local expert said just keep hanging on for the ride.

"What I tell my clients is look at your statements quarterly. Don't focus on the day to day and what your account is doing. Look at it quarterly and let’s analyze it annually. That way it will give you a good picture of what's going on in your portfolio," said Kristy Skidmore, Financial Advisor Central National Bank.

Skidmore also recommends only be conservative when you are close to retirement. Buy low, sell high. So when the market does drop, look to buy.

Also, if you only have a 401K, only watch the S&P 500.

Special Features

iPhone App

Get breaking news, weather, sports & video directly on your iPhone.

Politics

Breaking political news & the latest headlines from the state capitol & D.C.

Radars

See where weather is happening using our live interactive radars.

Technology

Spend your money wisely with reviews of new tech gadgets & the latest news in technology.

TV Schedule

Need to know what's on TV? Check out our television schedule.

Live Radar

WARN Interactive
Powered by Frankly
News 9
7401 N. Kelley Ave.
Oklahoma City, OK 73111
News9.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KWTV. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.