Doug Fabians Etf Strategies

How to Prepare for the Next Market Downturn The stock market had its biggest, one-day decline of the year on Wednesday, as the major averages fell just shy of 2% in the session. Markets stabilized in the succeeding days, but the big sell-off got me to thinking about whether listeners were prepared for the next big market downturn. In this week's leadoff topic, I tell you how to approach the next market downturn with the proper mindset, which includes having a long-term plan in place. If you want to avoid making mistakes during the next big pullback, this segment is for you. Plus, how poor market psychology impedes investor results. How to Evaluate Your Portfolio If I were to sit down with you to talk about your portfolio, or to coach you personally about what you own and what you're doing, how I would begin? Well, I would start with some basic questions, such as what are your goals, what kind of rate of return would you be comfortable attaining, and what is your biggest fear? In this week's second topic, I gi