ANCHORAGE, Alaska — The volatile stock market is creating unrest among investors, and even people who don't typically pay much attention.
Katie Klingensmith, a Macro Strategist with UBS Wealth Management says people can expect the market to be sensitive for a while, and they should be prepared to stick it out for the long haul.
"Movement up and down really affects the way we think about how well we are doing," Klingensmith said during an interview. "Its psychologically very difficult, so it reminds us that we need to invest appropriate with own risk profile."
Despite the highs and lows, Klingensmith says UBS Wealth Management is confident the U.S. won't enter another financial crisis like the one in 2008.
"We think that the chance that things get really bad again are pretty low at this point," Klingensmith said.
Klingensmith says it's probably too soon to begin buying stock, she says her best advice is to hold onto stocks for now.