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http://www.katu.com/economy/93043614.html

PORTLAND, Ore. - Even after Thursday's stock market rollercoaster ride, with the Dow Jones Industrials ending down 348 points after a 1,000 point plunge, financial advisers said the worst thing for you to do is panic.

John Settle, a professor in the business department at Portland State University and certified financial analyst, said you should ignore your first instinct to take your money out of the stock market. He said things like this happen.

"The trouble is if you jump out of the market in times like this, you don't know what's going to happen. For example, even today, it was down a thousand but it came back at the close and recovered most of that," he said.

One group who closely watched the Dow's drop, were investors right around the corner to retirement.

Settle said for people who have a good financial plan should stick to it but there is the brutal reality for those who don't have a good plan.

"There are a lot of people who have a pretty good retirement, and I would say to them, don't panic. If they don't have a good plan, there's not much you can say to them, I'm afraid," Settle said.

If you're in your 30s and plan on working the next 30 to 35 years Settle said "that's a long time in the market to have things straighten out and over long periods of time markets have done well, but you got to put money into it and you got to save."