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3 Steps to Keeping Your Money Safe in a Bear Market


Bear markets are one of the most challenging times to be an investor. If you're feeling concerned about your investments, that's normal. Even the most experienced investors may struggle during a downturn, and it can be tough to stick to your strategy when stock prices are falling.

However, the moves you make now can impact your investments for years or even decades to come. While it's not easy to invest right now, there are a few things you can do to keep your money as safe as possible.

Try your best to keep your money in the stock market during a downturn, if at all possible. While that may sound counterintuitive, bear markets can be particularly bad times to sell, since stock prices are much lower.

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Source Fool.com


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