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As nightmare in Ukraine unfolds, investors should sit tight

Sit tight if you're a Mom-and-Pop investor. These geopolitical selloffs are short-lived.

FILE -Traders work on the New York Stock Exchange. Stocks are closing lower on Wall Street Tuesday after another volatile day of trading. The worries rocking Wall Street about interest rates, inflation and now Ukraine have sent the S&P 500 tumbling by 10%. It’s an arbitrary number, but it’s big enough that Wall Street has a name for such a decline: a “correction.” (AP Photo/Ted Shaffrey, File)
FILE -Traders work on the New York Stock Exchange. Stocks are closing lower on Wall Street Tuesday after another volatile day of trading. The worries rocking Wall Street about interest rates, inflation and now Ukraine have sent the S&P 500 tumbling by 10%. It’s an arbitrary number, but it’s big enough that Wall Street has a name for such a decline: a “correction.” (AP Photo/Ted Shaffrey, File)Read moreTed Shaffrey / AP