Most Investors Are Taking These Steps to Prepare for Financial Disaster

Most people would agree that 2020 has had more than its share of disasters. In fact, thanks to the novel coronavirus, the country is living through both a major public health crisis and a major economic crisis concurrently.

Unfortunately, times of trouble are a fact of life and everyone is bound to experience them sometimes. But, as a recent survey from Ameriprise Financial shows, there's some good news: The majority of investors surveyed (over 3,000 were surveyed and each had at least $100,000 in financial assets) realize the potential for problems and have taken some steps to prepare for unexpected bumps in the road.

Here are some of the key steps they've taken. 

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Source Fool.com