Worried About a Stock Market Downturn This Year? Here's What to Do
Anyone who's been following the stock market lately knows it's been a killer year so far. But that doesn't mean things can't take a turn for the worse.
Stock market downturns are somewhat inevitable, and corrections, where the market loses 10% of its value or more, are relatively common. In the past 70 years, in fact, the S&P 500 has seen 37 of them.
The good news? Downturns can be relatively short-lived, and most of the aforementioned corrections resolved within less than four months. What you really need, therefore, is a strategy to ride out the next storm, and here's how to do just that.
Source Fool.com
