How Investors Should Approach Their 401k or Portfolios After Volatility

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Whew. 

It's been quite the week in the markets. 

So, after all of this, how should investors approach a 401k or portfolio?

Tony Drake, CEO of Drake and Associates, sat down with TheStreet to discuss how investors should look at their portfolios and 401k. 

"The biggest thing is to have a plan. If you have a longterm plan, you don't want to make short term reactions to what I call kind of situational events that happen, right? If we look at this inverted yield curve that's getting all the attention - data shows us, it has to be 10 days plus before it really has a good indication. And again, there's a lot of economists that are saying [the inverted yield curve] may not be the indicator that it used to be," said Drake. 

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