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Brokers and Public React to Stock Market Woes

Brian McFarland, an investment real estate broker, has a hopeful attitude about the volatility of the stock market, and isn't too disturbed about depressed earnings among Ohio's banks. His retirement plan is tied into stocks, but he says worrisome investors and stock holders should wait for this shake-up to pass.

Brian McFarland: The biggest concern is everyone's panicking and starting to react to the market. When in essence they're missing the long term view.

That's also the view of financial consultant Keith Smith of AG Edwards. He says the public should look at the big picture. His advice: Keep your money in the market and hire a financial adviser.

Keith Smith: The average person they follow trends and they get into the market when it's already high 'cause it feels good. And they get out when it's already low 'cause it feels bad. The best time to buy stocks is when it's most uncomfortable.

Smith says in five years the current turmoil will all be forgotten, but it will still take time for the market to rebound.

Tasha Flournoy, 90.3.