You can take some risks, stay the course or play it safe. Here's how. October 16, 2008 In this series on coping with a plunging stock market, three Kiplinger's Personal Finance editors share the investing strategies they're using in these volatile times. Each has a different take on what to do now. So whether you're a risk-taker or risk-averse, there's advice below for you.BUY NOW How I Keep My Sanity While My Savings Vanish Fred Frailey, the editor of Kiplinger's Personal Finance, reveals how he is turning disaster into opportunity by buying shares of great companies at great prices. PLAY IT SAFE My Coping Mechanism: Cash Senior Editor Bob Frick urges you to build up your reserves and pay down debt -- even if it means investing less to do so. STAY THE COURSE Hold Fast to These Five Tenets Senior Associate Editor Anne Kates Smith says the only sane way to play the crazy ups and downs is to hold fast to the investing advice we at Kiplinger have preached for years.