All bear markets start the same way: with a stock market correction. And the stock market has gone from “HAPPY-VILLE” to “PUKE-VILLE” in the first stock market correction of 2021. How bad will it get?
In this episode, Ron DeLegge @ETFguide shares proven strategies for protecting your wealth during a stock market downturn. Ron explains key strategies like “Margin of Safety” and why all investors – especially those nearing or in retirement should have a large cushion to weather the storm and avoid running out of money.
Aside from providing historical context on bear markets, Ron helps you understand why preparing financially and emotionally before a bear market strikes is better vs. trying to accurately predict the timing of the strike.
To get your MARGIN OF SAFETY worksheet mentioned in this episode, enroll in Ron’s online class “Build, Grow and Protect Your Money: A Step-by-Step Guide” https://etfguide.teachable.com/p/build-grow-and-protect-your-money-a-step-by-step-guide
More from Ron at ETFguide:
1. Get your investment portfolio analyzed and graded. https://www.portfolioreportcard.com
2. Free ETF Guides https://www.etfguide.com/snapshot/
3. 60 Smart Ways to Retire Better (free e-Book) https://60-smart-ways.etfguide.com/
#StockMarket #Retirement #BearMarket