How Can I Protect Myself from the Next Stock Market Crash?

Summary

How can you protect yourself from the next stock market crash? Let’s discuss the ways you can protect your retirement and assets from a stock market crash.

Transcript

Why do you want to protect yourself from the stock market? Well, if you go back to the year 2000, the stock market has lost seven times. Out of them seven times, five times double digits. 2008, about 38%.

So here’s a great example. If you lose money in the stock market, I’ll just keep this math simple. If the stock market drops 50%, and you have $100, you got $50.

But here’s the thing, if the stock market goes back up 50%, you’re only at $75. It has to go up 100% to get back to your break even.