3 Moves to Make if the Stock Market Plummets Tomorrow
The three major indexes have advanced from their bear market lows, but you may still be worried every time the market dips. After all, markets aren't completely predictable on a day-to-day basis, and additional declines are always possible. But before losing sleep about this, it's important to consider two things.
First, market phases come and go, and history shows us bear markets always lead to bull markets. Even better, history also shows the average bull market lasts much longer than the average bear market, offering investors more time to benefit. Second, you can prepare for any market environment, according to your investment style, and even take key steps as stocks decline to favor your portfolio's long-term performance.
This last bit is important because it means even in the worst market situation, you still maintain a certain amount of control over your future. So, if the stock market plummets tomorrow, instead of worrying, make these three moves.
Source Fool.com
