Excellent Practical Advice for the Crash...Yes, Crash
I'm a regular reader of Josh Brown ("The Reformed Broker"). He has a great post up today that I highly, highly, highly recommend:
"Pay attention because my entire career has been spent against the backdrop of one big slow-motion crash amid the secular bear market that began in the spring of 2000 and probably won't end until later this decade. I've had my ass kicked a million times by crashes but have gotten better at avoiding these things with each successive postmortem I've conducted.
You want to survive this crash and the next one? Then follow Downtown Josh Brown's Rules for Surviving a Crash:
[see the link below for the rules]:
Downtown's Rules For Surviving A Crash
Maybe it just feels so apropos because my "investing career," such as it is, overlaps so totally with his. I bought my first stocks in 1997/1998 in college and started paying attention to the markets regularly in 2001. It's excellent advice no matter where you are on your investing journey though.