Wall Street's manic Monday saw a 634-point stock market drop on the Dow Jones Industrial Avenue followed by a 430-point rise on Tuesday. While the fall was nowhere near as proportionately significant as the historic crashes of 1929 and 1987, the "correction" has many Victor Valley investors reeling.


But those concerned with their portfolios should keep one thing in mind, according to Hesperia financial advisor Chuck Wolf.


"Keep a sense of humor," said Wolf, a Chartered Financial Consultant. "Because if you don't then you're going to go insane."


The recent Dow Jones dip, along with general financial uneasiness, means we're in for a lengthy recovery.


"It's super bad times right now," he said. "It's not a thing that's going to get better faster."


In fact, Wolf, who runs Chuck Wolf Financial Services, predicted the economy could become as gloomy as the late-1970s when President Jimmy Carter failed to jump-start financial sluggishness.


"It's going to be faster and more furious," Wolf said. "Hang on. It's going to be a wild ride."


So Wolf suggests people stay calm and use their head. Don't grasp at get-rich schemes. Save money. Be frugal. Develop good money habits.


"People are going to have to not panic and start being prepared."


Wolf, who calls himself a "hobby farmer," suggests people explore secondary opportunities for making or saving money. For those who live on agriculture-zoned land in the Victor Valley, they can raise chickens and produce eggs, grow vegetables in a garden or raise livestock for consumption.


"Explore your other opportunities."


It's also extremely important to think of others' needs, especially family members and spouses. Maintain a positive outlook in your home.


"One of the things that break up marriages is the checkbook," Wolf said. "Making someone else feel better is important. Keep a sense of humor about things and be innovative. People need to live life and enjoy it. Life is a journey."