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Local Financial Advisers React To Market Crisis

null With the recent news of major corporations going bankrupt and others losing uncharted points in stock, the financial roller coaster ride has many investors around the globe concerned.

However some experts say although the markets are in turmoil, it's an opportunity for investors to reflect.

Michael Babcock of Springfield's Financial Planning Advocates says his phones have not been ringing off the hook with frantic clients.

He's encouraging local investors to use this time of market instability.

Babcock also holds the philosophy that investors must be able to assess risk accurately in order to survive.

Markets around the world have had a volatile couple of days, despite the US govt's decision to bail out one of the world's leading insurance providers, A.I.G.

For KSMU News, I'm Ryan Farmer