Kiplinger

How Could the Russia-Ukraine Conflict Affect Your Investments?

Russia's invasion of Ukraine is sending shockwaves through pretty much every asset class across the globe. Risk assets such as stocks are tumbling. Traditional safe havens like Treasury debt and gold are rising. And oil and other key commodities are spiking at a time when U.S. inflation just hit a four-decade high.

But as disastrous and disorienting as the impact of Europe's largest military conflict since World War II might be, the best course of action for most retail investors is to keep calm and carry on, market strategists say. 

Put more simply: Don't panic.

For one thing, selling into a falling market (the S&P 500 is officially in correction territory now) is the opposite of what successful investors do. The idea is to buy low, after all. 

Equally important is the fact that what Russia's invasion

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