4 Money Moves for This Stock Market Correction
Nobody likes to watch the stock market fall, and with the S&P 500 down over 10% from its previous highs, we can now officially say that we've hit correction territory. Whether you're a millionaire or you're just getting started with investing, it never feels good to lose money -- which is why you're better off prepared when the inevitable dives hit.
Here, we'll go over four strategies to make the most of a potential bear market.
In a market that's still facing stretched valuations by almost any measure, cash retains important value -- primarily in its flexibility and optionality. While you won't earn a ton of interest keeping large amounts of money in cash reserves, you'll accomplish two important goals.
Source Fool.com