Best practices to protect stock investments during possible turbulent times
Hi Terry, I am a 78 year-old single woman who is a retired State of Illinois’s teacher.My investment approach is conservative with growth opportunities. What are the best strategies to protect my stock market investments as we possibly move into volatile financial times. I will be relying on these investments for medical and other expenses.
Terry, thank you for caring!
Terry Says
The best way to protect yourself from stock market volatility is to SELL. I dont’ mean sell everything. But there’s an old Wall Street saying: “Sell down to the sleeping point.”
If you put say half of your money into a money market fund or Treasury bills, you may miss out on some upside. But you won’t lose a penny!
Read this: https://www.terrysavage.com/t-bills-beat-cds-2/
