6 Ways to Prepare For a Stock market Crash
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1.Diversify
Diversify your portfolio is very important.
As per age & Risk Capacity
Invest some amonut in stock,Mutual Fund,ETF's ,For Retirement Plan
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2.Safety
Professional investors convert there Investment in Cash Before market crash.
Again Invest quickly,when market trend Reverse.
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3.Get a Guarantee
Keep atleast a small portion of your portfolio in guaranteed investment that won't fall with the market crash.
Bonds,Blue chip stocks.
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4.Hedge your funds.
Buy puts of stock.
puts price will increase very fast if asset underlying price drop.
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5.Pay Off Debts.
If have more debt ,first Liquiditing your holding & pay debt.
this is smart Way if have high interest debt.
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6.Tax saving
Sell all your position and take loss.
Show this loss any profiting accounts.
this is do before any tax year end.
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Always Remember
Market Bearish Temparary.
Market Bullish is permanent.
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