Financial expert Dave Ramsey has advised investors not to make emotional decisions about investment strategies during volatile times like the Iran war. He highlighted that the market typically recovers after initial drops, but these usually return to normal after these. Ramsey cited Covid as an example where the market dropped when everyone was sheltering in place. Morgan Stanley Managing Director Daniel Hunt also highlighted the biggest mistake investors can make in volatile markets. Instead of panicking selling, Hunt recommended a long-term perspective and understanding that temporary downturns can return portfolios to balance within a few years. Ramsey also advised against investing in mutual funds unless you leave it alone for three to five years. He also highlighted that turning off the TV is a good investment strategy.