When corporate earnings decline and unemployment rises, the Dow Jones Index will fall further. Zoom out on weekly and see monthly. Macro cyclical changes are happening right now.
If you plan for it, you can capitalize on it. For example, move retirement money out of equity funds into cash. You can increase savings now to buy a car or home when prices drop. Think about your job security and make backup plans. Arrange your personal finances and evaluate your spending habits so you are better prepared for an economic downturn.
I am not trying to scare anyone. I am not shouting for a crash. As a 40+ adult who understands much more than the last five yrs of stock market rising, I am offering practical insight into what is possible.
If you plan for it, you can capitalize on it. For example, move retirement money out of equity funds into cash. You can increase savings now to buy a car or home when prices drop. Think about your job security and make backup plans. Arrange your personal finances and evaluate your spending habits so you are better prepared for an economic downturn.
I am not trying to scare anyone. I am not shouting for a crash. As a 40+ adult who understands much more than the last five yrs of stock market rising, I am offering practical insight into what is possible.