3 Ways I'm Preparing My Investment Portfolio for a Stock Market Correction
The market has been soaring for the last year and a half, but with its recent tumble, some investors are worried that we're on the verge of a correction -- or worse, a full-blown crash or recession.
As of this writing, the S&P 500 has fallen by more than 5% from its peak in mid-July. While alarming for some, that doesn't yet reach the threshold for a correction -- which is defined as a fall of at least 10%.
Nobody knows whether stock prices will continue to drop, but we do know that a downturn will hit eventually. The market can't surge forever, so we're bound to face a correction at some point. Here's how I'm preparing my portfolio for whenever that happens.
Source Fool.com
