How to Navigate the Mental Toll of the Stock Market Plunge

By: Ruelle Fludd

Monday marked one of the worst days in about two years for the global stock market, with stocks plummeting at record rates, according to news outlets. The ripple effect was felt world-wide, with economies declining the same day. It’s enough to make any person start to experience panic, anxiety, or depression.

Here are some ways to conquer the mental challenges that come with keeping an eye on the economy.

Take social media/news outlet break: Non-stop notifications from social media platforms and news outlets can feel overwhelming. Use an hour of your day to turn off your notifications. This can help with the anxiety that may come with the unpredictable nature of news coverage.

Practice self-care: Take time to do an activity or a hobby that relaxes you, like meditation or exercising.

Re-evaluate and reflect: Understand your personal finances. Re-evaluate the state of your stocks once the news cycle settles and reflect on what you may have learned.

Seek professional help, if needed: There’s nothing wrong with needing support to conquer mental health challenges. A psychologist, therapist, or counselor can help guide the way to a positive outlook. Jackson Behavioral Health Hospital offers psychological and psychiatric services. Click here for more information, or call 305-355-7000.

If you or someone you know is experiencing a mental health crisis, call the National Suicide and Crisis Lifeline by dialing 988.