Forget trying to time the market
"Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves." —Peter Lynch
Don't shoot yourself in the foot by dumping investments when things seem dicey.
"It is very common for investors to panic when markets are falling, but the worst thing you can do is to jump out of the market," Lazaroff says.
"To be successful with this strategy, you have to time the market twice: once when you sell, and once when you get back in," he says.