3 Safe Strategies for This Market Crash (and an 8.4% Dividend to Buy Now)
March 09, 2020 at 05:00 AM EDT
When the market is selling off, it’s easy to panic as big losses rack up in your account. Here’s the thing, though: going to cash, and fully exposing yourself to inflation, is a guaranteed way to lose. It’s doubly sad to see first-level investors doing this when there’s a time-tested way to survive meltdowns, keep your income stream intact and cut your portfolio’s volatility. It doesn’t involve panic selling. Instead, it revolves around three simple rules: diversify, be patient and keep a big income stream. Let’s walk through each of these. Diversify The first key to surviving a meltdown is to be in several markets at once.… Read more