- Diversify your portfolio: By investing in a mix of assets, such as stocks, bonds, and cash, you can help to spread risk and reduce the impact of any one investment on your overall portfolio.
- Have an emergency fund: It’s a good idea to have some cash set aside in a savings account or other liquid investment that you can access in case of an emergency. This can provide a financial cushion in the event of a market downturn or unexpected expenses.
- Don’t try to time the market: It’s generally not a good idea to try to predict when the market…