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Fortune
Fortune
Alicia Adamczyk

Stocks are tanking. Is now the time to buy the dip?

Markets Continue To Drop Sharply On Recent Economic Reports (Credit: Michael M. Santiago/Getty)

U.S. stocks tanked Monday following a global sell-off, sending investors into a tizzy with recession fears. But it's not time to worry yet, say financial experts who point out that pullbacks are normal. And given how stocks were recently more expensive than ever, it's not a terrible idea to buy at what some experts call a discount. Though it might seem counterintuitive, buying when prices drop is an option for those in "accumulation mode"—a term that describes those years from retirement—says Catherine Valega, a Massachusetts-based certified financial planner (CFP).

"Yes, yes, yes. Keep buying," says Valega. "If you have cash on the sidelines it would be great to add more to an aggressive, diversified, stock portfolio."

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