There is a question Clark is repeatedly hearing from callers on the show and during his appearances across the country: Should I just call a timeout and stop contributing to my retirement fund or other investment account?

The answer is no. If you are in your 20s, 30s or 40s, nothing for you has changed at all. Today's turmoil actually benefits you over the long haul.

New statistics from Vanguard show that the average amount people are saving is just over 7% of pay. But you need to save at least a dime on a dollar for long-term financial security.

Life often gets in the way of neat little plans to save a dime on a dollar. Still, you must set your priorities. Live in a smaller house, drive your car until the wheels fall off or do whatever else you must do. And be sure to fund your retirement before you fund your child's education.

If you are in your 20s, 30s or 40s, be sure you're invested primarily in stocks and then some bonds as well. If you're in your 50s or 60s, you may want to have up to 40% of your money in bond choices and less in stocks.

For those who are wondering, Clark's holdings are down 3.8% over the last 9 months. Why so little? Because he's diversified!