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How to Invest When the Stock Market Drops Here's how you can be ready for a swing in the market.

By Phil Town

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Stock market trends create fluctuations in the economy. The market can go from an emotional state of excitement, with an overheated market environment, to the exact opposite in a very short amount of time. It's easier to invest and ride the wave of positivity that comes with a market boom, but what is your strategy for the times when it swoons?

In this video, Entrepreneur Network partner Phil Town offers some tips on what you can do during a stock market drop.

Click play to learn more about how to invest your money and protect your finances.

Related: 4 Questions You Need to Ask Before You Start Your First Job

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Phil Town is an Investment Advisor, Hedge Fund Manager, 2x New York Times Best-Selling Author of Rule #1 & Payback Time, and Ex-Grand Canyon River Rafting Guide. Rule #1 Investing is Warren Buffett style investing, teaching you how to buy businesses on sale, with little risk and 15 percent returns. In fact, Rule #1 investing is practically immune to the ups and downs of the stock market.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Phil Town

How to Find a Stock On Sale That's Right for You

3 Bad Investing Habits You Should Drop Before It's Too Late

Nervous About Investing? Think About Your Money This Way.

How to React When a Recession Is Approaching

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