A Stock Market Correction Is Coming Eventually. Here's How the Smartest Investors Are Preparing.
Waiting to make your plan after the selling is underway sets the stage for making misguided decisions.
Overview
Now, roughly four years into the current bull market and nearly a year and a half since the S&P 500 (SNPINDEX: ^GSPC) suffered a stumble of at least 10%, investors are understandably antsy. We're overdue for an ordinary correction, and with lingering inflation still driving interest rates higher, it's not wrong to worry that a small setback could start a full-blown bear market.
The possibility doesn't necessarily mean you need to panic or even take immediate action. It does mean, however, you might want to start making a mental plan for this worst-case scenario, including cleaning up some of your ... shall we say, more questionable and less-permanent holdings.
Details
Here's some help on this front.
Source
Originally published at www.fool.com.