3 Moves to Be Ready if the Stock Market Crashes Tomorrow
Reacting to a market crash is easier said than done. That’s why it’s better to have your portfolio prepared to withstand such a tumultuous situation prior to it actually happening.
The last decade has seen a very low-interest-rate environment. That has dampened the returns investors can get from things like bonds and other fixed income. To retain those returns, equities have been the only game in town. This has fueled a market run where the stocks have achieved very high premiums compared to actual earnings, and in comparison to total equity.
It’s foolish to attempt to say exactly when another market crash could occur. These are three steps everyone can take to be ready for when that day comes.