In wake of "Brexit" vote, what should investors be doing with their money?

MILWAUKEE -- In the wake of the "Brexit" vote, it is clear there will be some financial fallout. After all, the United Kingdom is four percent of the world's economy. But financial experts will tell you -- do not panic, be patient.

The results of the vote in the Great Britain are still sinking in for Lisa Sheridan.

"The democracy of it all, the people were upset, the people spoke," Sheridan said.

Sheridan is England-born but Milwaukee-based. She said her phone has been blowing up all day. Just like the rest of Britain, her loved ones across the Atlantic Ocean are split on the historic decision to leave the European Union.

"That was the first thing people said to me, so what do you think?" Sheridan said.

Mequon financial planner Chris Doughty said there are too many uncertainties to know right now how this will play out. Despite U.S. stocks plummeting Friday, he urges people with money in the markets to not make any sudden moves.

"Emotions will drive the short-term. Fundamental will drive the long-term," Doughty said. "So the things we will be concerned with long-term, are people still going to continue to buy things?"

Sheridan has lived in the U.S. for the past two decades. She predicts we will not feel the full impact of the so-called "Brexit" for another year or two.

"It depends on who runs the country. Now that Cameron's out, or will be, and then so we'll get the next election. Like here, it depends on who takes over the country," Sheridan said.

There is some good news for Americans. The pound dropped 15 cents in value Friday. That means when we travel to the United Kingdom, we get more value out of our American dollars.