You have good reason to be nervous. Anyone who had just seen their retirement account take a big haircut would lose sleep. The question is, what do you do next? Here’s the thing: if the recent drop rattled you in any way, you have a big problem. May’s “stock market crash” was barely a ripple in one of the calmest financial markets we’ve ever seen. Because most people overestimate their risk tolerance during a bull market, they often get whipsawed during a downturn.
Thankfully, there are answers. If you were ruffled by the recent correction, then you need to take immediate corrective actions. By following the next six steps, you can boost your chances of surviving whatever “Mr. Market” throws your way next. 1. Sell to the Sleeping Point, 2. Load Up on Bonds, 3. Focus on Dividends, 4. Have a Plan, 5. Turn Off the News and 6. Recruit an Advisor.
Source: Income Investors
Related Articles:
- A Winning Investment Strategy
- 5 Dividend Stocks With A 20% Yield In 20 Years
- 4 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 2.7%
- Finding Low Risk Dividend Stocks
- 10 Fun Facts That You Might Not Know About Microsoft
If You’re Worried About a Stock Market Crash, Read This
Posted by D4L | Thursday, July 04, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Even in the current inflationary environment, where stocks across a wide variety of sectors are trading down, companies with a favorable his...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is crushing the market this year as value and dividend stocks have pulle...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.