What’s good Wealthbuilderz It’s yah boy Devaughn back again with another post and today we are talking about How To Protect Yourself From A Stock Market Crash.
Before we get started I want you to understand that this is just my personal opinion. I’m not saying this is the only way to protect yourself from a Stock Market crash but this is how I would do it and have done it.
I’m not a Stock Market guru or anything like that but the fact that all these folks are talking about the stock market crashing and a recession is coming in some shape or form. I figured I would go through the steps of protecting yourself from a financial downturn in the economy
so lets get in to my 4 steps to protecting yourself from a stock market crash.
Top 4 Ways To Protect Yourself In A Stock Market Crash
1. Don’t panic.
People that push the panic button when they see their stock go down shouldn’t invest in stocks at all. There will always be corrections in the stock market. A correction in the stock markete is a ten percent or greater decline in the price of a security from its most recent high. Its just that simple stop being so scary.
2. Invest for dividends
When you invest for growth and to gain capital from stocks rising this form of investing is much more speculative then putting your money in stocks that will provide you with a steady flow of income.
3. Diversify Your Investments
Never just invest in the stock market. You can put your money in things like peer to peer lending, investing in real estate which gives a great return or investing in actual companies through a app like Newchip. I made a video that discusses Newchip in detail and how to use it to invest. Check that out here.
4. Start and Build A Online Business
I don’t know if you expected me to say this but starting and continuing to build a online business will do a few things for you.
A) keep money coming in on a downturn in the stock market.
B) Give you the opportunity to invest in the stock market without having to use your job income and
C) Protection from you losing it all
if you happen to lose your job due to the market going south or some type of recession.
So remember
Don’t panic
Invest in Dividends
Diversify your investments
And Start A Online Business
To fund your investment portfolio and
to protect yourself and family in a economic downturn.
In my opinion this is what you do to protect yourself from a stock market crash.
If your ready to get started with buying Stocks you can do so for just $5 and we will even give you the $5 to get started with. So go ahead and click the Link below.
Thanks for reading it’s yah boy DeVaughn signing off for How To Protect Yourself From A Stock Market Crash.
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