Below is a link to an article on what investors should not be doing now.
As point three of the article notes now is when it pays to be well diversified. Investors that have significant concentrations in banking and materials will not be faring well at the moment, further those without international assets will not be receiving the benefit of the falling Australian $ and those without bonds will not receiving benefit of these assets in times of volatility. The article makes another very good point at number three. There will be people that now realise they perhaps don’t have stomach for the level of volatility they are currently experiencing. If you think that may be you, now is a good time to review your portfolio, what your options are and how this impacts your longer term plans. As point 5 notes we never know what will happen next.