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Bill Miller

Anxious investors try to remain calm amid wild swings in market

Anxious investors try to remain calm amid wild swings in market

Veteran money manager Brian Kroneberger Jr. didn't sleep well last week — and neither did his clients — as markets whipsawed and the Dow Jones industrial average posted Tums-popping losses and heart-pounding gains on a daily basis. Nervous clients phoned incessantly, he attended frequent meetings to discuss developments, and investors emailed him in the middle of the night, apparently unable to sleep and seeking advice. Do we sell now? Do we move it all to CDs? Is this a buying opportunity? With all of the economic turmoil of late and the 2008 financial crisis fresh in his memory, Kroneberger, senior vice president of the Dyer Kroneberger Group at RBC Wealth Management, is...

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