STOCK MARKET CRASH – HOW TO BE PREPARED 📉

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7 years ago
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How to prepare for a stock market crash. We’ll go over 3 key steps in order to be ready for a stock market crash in 2018 or any year.
So in this video I outline 3 important steps to ensure you thrive in a stock market crash. It’s really important that we prepare our portfolio now for a market crash. If your portfolio is properly prepared you can thrive in a crash and a market upturn. Either one. Below are the 3 key steps to prepare yourself for a market crash…

Market Crash Step 1: Have A Written Plan When You Buy A Stock.
This way when your stock is tumbling downhill you understand the value of it and can act with your brain instead of emotions.

Market Crash Step 2: Have A Fair Percentage Of Your Portfolio In Cash And Cash Equivalents.
So when stocks crash you have money to buy them at cheap prices.

Market Crash Step 3: Understand The Stock Market
This one sounds simple but is important. The stock market is a list of the biggest companies in the world. If you have faith that the companies will keep going into the future then you will buy them when everyone else is running for the hills. And yes that is the best time to buy. “Be fearful when others are greedy AND GREEDY WHEN OTHERS ARE FEARFUL”.

I hope these 3 key steps help you make a lot of money in a stock market crash.

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DISCLAIMER: It's important to note that I am not a financial adviser and you should do your own research when picking stocks to invest in. These are just some of my viewpoints, by no means would I recommend watching one YouTube video and then immediately buying that stock. Do your homework and due diligence before buying! This video was made for educational and entertainment purposes only.

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