History Says This Is the 1 Portfolio Move Every Investor Should Make Before the Next Bear Market
The S&P 500 (SNPINDEX: ^GSPC) recently hit a new high, building on its 78% returns over the past five years. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the Nasdaq Composite (NASDAQINDEX: ^IXIC) have seen impressive returns over this period too, rising 48% and 88%.
Bull markets tend to last about five or six years, on average, and the current one is already in its fourth year, which means that a bear market will show up eventually.
So, what’s the best way to prepare for one? You probably already know the answer, since it’s a time-tested strategy for buying stocks: diversify.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.