You may recall the stock market crash during early 2020 because of the coronavirus pandemic. Some investors feared incurring massive losses so they decided to take their money out of the stock market. So, when the market was back up and running, those who decided to leave had no choice but to pay more than the amount they bagged when they left in order to restore their holdings. A few of them are still playing catch up especially after S&P 500 skyrocketed by 110% since the stock market crash last year. How can you prevent this from happening to you? Is there a way to prepare for a stock market crash?
For those who don’t know, Peter Lynch is one of the world’s most successful mutual fund managers. Given his extensive experience in the stock market, he has a good idea of how to prepare for a stock market crash. If you are interested in knowing how to face this particular ordeal, which many investors find terrifying, then you should watch the video below.
Always remember that stock market crashes are part of investing. You can never predict when a stock market crash will take place. This unforeseen event is bound to cause a massive market decline, that’s why it’s only sensible to be prepared before it happens.
If you found this blog helpful, feel free to click the share button so other people who’re interested in investing may also learn how to prepare for a stock market crash. You can also check out my previous blogs such as “Peter Lynch’s Investing Tips For Beginners“. Don’t forget to signup to my newsletter so you’re always updated whenever we post new blog. Thank you for reading and for your time.
Ebooks:
https://lifestyletipsbyantoaneta.com/ebooks/
Seminar:
https://lifestyletipsbyantoaneta.com/business-online-masterclasses/
Recommended books for further reading:
- Investing QuickStart Guide: The Simplified Beginner’s Guide to Successfully Navigating the Stock Market, Growing Your Wealth & Creating a Secure Financial Future
- Investing Demystified: How to create the best investment portfolio whatever your risk level
- The Five Rules Successful Stock Investing: Morningstar’s Guide to Building Wealth and Winning in the Market
- Stock Market Investing For Beginners: The Investment Guide – How to benefit from the crisis, invest in stocks and generate long-term passive income incl. ETF and Stock Picking Checklist
- Shares Made Simple: A beginner’s guide to the stock market
If you are looking to open an investment account, follow these links below:
- Passive income
- Silver & Gold coins
- Trading212
- Freedom24
- FreeTrade
- COINBASE
- Interactive Brokers
- eToro
(‘68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.)
It’s good to be prepared. Great tips!