How to Prepare for a Market Correction

How to Prepare for a Market Correction

In case you didn’t know it, the stock market will drop one day. No one knows how much it will fall or how long the decline will last. And these facts cause many people to hate the stock market – even though prices have always recovered and risen to new all-time highs.

And, funny thing is, the longer we go without a decline in prices, the more people panic when the decline finally occurs.

You can avoid panic by not allowing your investments to be subject to big market losses in the first place. You do that by maintaining a globally diversified portfolio. That’s why we provide our clients with exposure to 18 major asset classes and market sectors, including stocks, bonds, foreign securities, oil and gas, precious metals, minerals, commodities and cash. When one asset class fall in value, we count on others to help compensate.

If you don’t know how to design such a portfolio, check out our GPS – the Edelman Guide to Portfolio Selection. In just two quick minutes, you’ll get a portfolio that’s right for you based on your answers to a few simple questions. It’s fast, it’s fun and it’s free.