HighTower's Shaffer: Focus on personal progress rather than market movement

Roger Shaffer of HighTower Advisors, says that individual investors planning their way through the current market turmoil need to focus on process and their ultimate goals rather than on the market's trends, reviewing their risk tolerance and their phase in the financial cycle to make decisions that focus on personal circumstances rather than the market. Also on the show, Dr. Ted Klontz of the Financial Psychology Institute discusses how he believes investors should change some of their savings habits to better reach their goals, Doug Roberts of Channel Capital Research weighs in on the Federal Reserve's big rate cut and what it portends for the future, and Roger Conrad of Conrad's Utility Investor talks about energy and utility stocks in the Market Call.