Want to Be Ready For a New Bull Market? Do These 3 Things Soon
With the financial media starting to discuss rumblings of a new bull market on the way, investors owe it to themselves to prepare. But what is there to do in anticipation of the possibility that the stock market could resume its upward climb?
Three basic things are particularly important to do, so let's take a few minutes and think about each.
Bull markets see a rising tide of share prices that buoys both conservative investments and more speculative ones. If you think there's a bull market on the horizon, it could make sense to buy shares of companies that are likely to be buoyed more strongly as you might have to pay more if you wait. That means taking inventory of the somewhat riskier options on the table and making a plan for buying them, provided that your portfolio is already adequately diversified and you can afford to invest the money for years without needing it.
Source Fool.com
