The stock market is full of ups and downs, but lately, the volatility has been too much for some people to handle.

If you've seen this week's losses and are thinking that maybe the stock market isn't for you, Roger Stevenson says to sit tight. Stevenson is a Certified Financial Planner and the owner of Proplan Financial Group, which owns The Co-operators offices in Beiseker, Three Hills and Drumheller.

"The fundamentals of what's going on in the economy and in North America and around the world are still really sound," he explained. "So, everything that's happening right now in the world is kind of a knee-jerk reaction to a few political things and interest rates and fear of inflation. There's no real sound evidence to support the decline that's happening, it's just a bit of a correction."

He explained that market dips and corrections happen all the time. He pointed out that a similar dip happened in June 2016 when the UK voted to leave the European Union.

"You shouldn't be doing any investing in the market that's short-term anyway," said Stevenson. "Everything should be long-term. When you have these corrections, it's the time to take a step back and say 'OK, do I have money to put in?' [and] 'If I'm putting in monthly through 2018, should I put it all in now when the market is doing a little dip like this?'"

If you have money in the stock market already, Stevenson advises you to stay calm. However, if you have extra cash lying around, the old adage of buy low, sell high applies.

"The smart, big institutional investors are actually taking this as an opportunity to buy," he explained. "I have had some conversations with some of my clients who happen to have some liquid cash to say 'if you're putting money in, now is the time to do it. Take advantage of it, because it's not going to last.'"

In closing, Stevenson pointed out that smart, long-term investors shouldn't even think of these types of things, unless they're looked to invest some money.

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