If a Stock Market Crash Is Coming, History Says This Is the Smartest Move Investors Can Make
This one move can determine your portfolio's future.
Overview
With the S&P 500 delivering a double-digit gain so far this year and sitting near record levels, you may not be thinking about market crashes right now. Or, just the opposite, you might worry that after such gains, the market may be due for a decline -- and that may even turn into a crash. But, regardless of the current market situation, it's always a good idea to prepare for such happenings. That's because the stock market never rises in a straight line forever, and eventually, a crash will take place.
But here's the good news: Crashes have never lasted forever or permanently damaged the investing landscape. They are a part of the investing story, occurring from time to time, and there are ways you can prepare for them in order to minimize the impact on your portfolio. So, if a stock market crash is coming, don't worry -- history says this is the smartest move investors can make.
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Details
Source
Originally published at www.fool.com.