Worried About a Market Crash? This Strategy (and Stock) Can Help
Stock market crash: Those are three of the scariest words you can hear as an investor. Unfortunately, downturns happen more often than you might think. Since 1928, the market has declined 10% or more on 54 different occasions, or about once every 1.7 years. With that in mind, here are three steps (including one stock recommendation) that will help you prepare for the next crash.
A long-term mindset is the single most valuable tool an investor can possess. When you focus on short periods of time, the market is very volatile. For instance, going back to 1928, the S&P 500 has generated positive returns in the month of August in 54 years, or 58% of the time. And if we zoom out a little further, the index has been profitable in 62 out of the past 93 years, or 67% of the time.
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Source Fool.com
