At some point, everyone will experience a financial emergency. Whether a hospital visit, job loss or getting stranded away from home – all of which happened to millions of Americans due to the COVID-19 pandemic. An emergency can always lurk around the corner, and, when it hits, it may require a substantial expenditure to address.

The market’s negative response to health crises is nothing new. How will coronavirus impact the market and your personal finances?

You may be tempted to panic or sell when the stock market is down. However, with a wise strategy you may want to reconsider saying the course. Here's why.

Market psychology can be tricky to navigate, but you can keep it from affecting you. These six tips can help you to work around these financial market cycles.