Here's How to Prepare Your Portfolio for 2023
One of the biggest questions investors may have right now is: Will the bear market end in 2023? Unfortunately, no one can answer that question. The good news is that history offers us some clues about how long bear markets usually last -- and the average is about one year. So we know these troubled times generally are short-lived, at least from a long-term investment perspective.
While we're waiting, the best thing we can do is prepare our portfolios for what's next -- whether that's a bear market that will last a while longer, or the next bull market. Now, heading into 2023, is the perfect time to get ready for any scenario.
What should you do? Here are some ideas.
Source Fool.com
