Investors on edge after Dow Jones takes a record-breaking slide - WKOW 27: Madison, WI Breaking News, Weather and Sports

Investors on edge after Dow Jones takes a record-breaking slide

Posted: Updated:

MADISON (WKOW) -- It was a rough day on Wall Street, with the Dow Jones Industrial Average taking a record-breaking plunge.

The result after the closing bell has local investors a little on edge.

The Dow dropped 1,175, the largest one-day point drop in history.

Financial advisors at Walkner Condon in Madison say there's no need to panic.

They anticipate a 10% drop every year.

"With our long term investors, we want to make sure you're finding good investments and that you're staying the course but addressing your own risk profile, so that you're not getting yourself over allocated to something so that if there were to be a 6 month downturn, that it would have a negative impact on your financial goals," says advisor Jonathon Jordan.

The Dow is still up 21% compared to a year ago.

Powered by Frankly