How to Ride the Economic Rollercoaster

Advice on how to ride the economic rollercoaster to financial freedom.

ByABC News
October 22, 2008, 5:20 PM

Oct. 23, 2008 — -- The dizzying economic dive has left many people terrified about their financial futures.

For those who are hanging on every change in the markets, "GMA Now" asked Liz Ann Sonders, senior vice president and chief investment strategist at Charles Schwab, for the most important things individuals and families should consider about their investments in light of the fast-changing economy.

Here are Sonders' tips on how to invest your way to financial freedom:

2. At a time like this it's more important than ever to resist the herd mentality. The stock market is the only market where people tend to run for the exits when things go on sale.