THE STABBING.

NICK:

THE CORONAVIRUS OUTBREAK IS

CAUSING SOME STOCKS TO DROP

GLOBALLY.

22NEWS REPORTER KATRINA KINCADE

IS WORKING FOR YOU TO DISCUSS

WHAT THAT

MIGHT MEAN FOR YOUR RETRIREMENT

PLAN.

THE CORONAVIRUS HAS CAUSED

CONCERNS IN THE STOCK MARKET

OVER

HOW THE GLOBAL ECONOMY WILL

FUNCTION DURING THE OUTBREAK.

BUT INVESTORS SAY DON'T WORRY

TOO MUCH.

MATT FARKAS. FINANCIAL ADVISOR;

"HISTORICALLY THESE OUTBREAKS

TEND TO

IMPACT THE MARKET. LIKE WE'RE

EXPERIENCING NOW IT TENDS TO BE,

IT CAN COME QUICKLY. THE MARKET

CAN SELL OFF QUICKLY IT CAN BE

UNCOMFORTABLE BUT THE MARKET

REVERSES COURSE."

THEY SAY THAT THIS CURRENT

CORRECTION IN THE STOCK MARKET

IS HAPPENING

QUICKER THAN USUAL.

BUT IF YOU LOOK AT THE PAST 14

MONTHS, THIS TREND IN THE MARKET

ISN'T

TERRIBLE.

KATRINA KINCADE, SPRINGFIELD;

"INVESTORS SAY DON'T WORRY. WHAT

GOES UP

MUST COME DOWN. THE STOCK MARKET

CORRECTS ITSELF ABOUT 13 PERCENT

EVERY YEAR."

BUT THIS ISN'T THE FIRST TIME

THE STOCK MARKET HAS FLUCUATED

DUE TO

GLOBAL DISEASE.

FINANCIAL ADVISORS SAY THEY'VE

DEALT WITH SARS, EBOLA AND THE

ZIKA VIRUS

IMPACTING THE MARKETS OVER THE

PAST FIVE YEARS.

WE SPOKE TO LOCAL RESIDENTS WHO

SAY THEY'RE NOT TOO CONCERNED.

JENNIFER COUTURE, SPRINGFIELD

RESIDENT;

"USUALLY IT WILL GO DOWN A

LITTLE BIT. IT WILL COME

BACK. I'M NOT CONCERNED RIGHT

NOW. IT'S TOO NEW. EVERYONE'S

NERVOUS, EVERYONE'S SCREAMING

AND THEY DON'T KNOW WHAT TO DO.

THEY JUST DON'T KNOW WHAT TO DO.

IT'S THE UNKNOWN."

WHEN IT COMES TO YOUR 401K THEY

SAY PEOPLE NEARING RETIREMENT

SHOULD

BE LOOKING INTO MORE FIXED

INCOME INVESTMENTS ANYWAYS

INSTEAD OF

INVESTING ALL IN THE STOCK

MARKET.

INVESTORS SAY IF YOU'RE REALLY

WORRIED ABOUT YOUR 401K

INVESTMENTS, TO

CONTACT A CERTIFIED PROFESSIONAL

TO GO OVER YOUR OPTIONS. IN

SPRINGFIELD, KATRINA KINCADE