History Says This Is the 1 Portfolio Move Every Investor Should Make Before the Next Bear Market
Diversification is still one of the best strategies for long-term investing.
Overview
The S&P 500 (SNPINDEX: ^GSPC) recently hit a new high, building on its 78% returns over the past five years. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) have seen impressive returns over this period too, rising 48% and 88%.
Bull markets tend to last about five or six years, on average, and the current one is already in its fourth year, which means that a bear market will show up eventually.
Details
So, what's the best way to prepare for one? You probably already know the answer, since it's a time-tested strategy for buying stocks: diversify.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.