Investing
How to Protect Yourself From a Summer Stock Market Correction or Crash
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It is now June, and the echoes of “sell in May and go away” are still ringing. In fact, the Dow Jones Industrial Average went negative for the year on June 8. With the bull market now more than six years old, and with equity valuations being high, at least some of the cautious investors are starting to worry that the market could be ready for a big tumble.
24/7 Wall St. is bringing up some of its ways to help investors protect their assets in a sell-off, a market correction or a short-term crash. Just keep in mind that investors have bought every single pullback for what is nearing four years now. Still, now investors have to fear the soon-to-be Federal Reserve interest rate hike cycle and a return to normalization in rates and in Fed monetary policy.
24/7 Wall St. has routinely visited how investors can crash-proof their portfolio. There is at least some good news here — you can crash-proof your portfolio.
Before you panic, remember that stocks have not pulled back more than 10% in over three years. Also, most investors do not even agree on how to define a crash or what level really brings a point of real worry. Is it 300 points in a day? A 5% correction, a 10% correction or a 20% sell-off?
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Each one of these methods for protect your portfolio has been covered in more detail, but here are some of the quick-hit basic strategies that investors can use to crash-proof their portfolios or just brace for the next market correction:
Here are the full details on 11 strategies to protect yourself from a stock market crash — even while you still get to stay in the markets.
ALSO READ: 10 Stocks to Own for the Next Decade
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