Are we getting ready for a market crash? What should I do?

Many investors are concerned that we are going to have another 2008 market style crash this year. There is a lot of uncertainty in many areas of our Country right now, so maybe we will, maybe we won’t. If the markets do mirror 2008, there are opportunities to be aware of.

Make sure you are investing during periods of volatility.
Although it may seem counterintuitive, market downturns are some of the best opportunities to buy more. I love buying on the dips, but I never invest everything at once, today’s dip may not but the lowest one.

Don’t pull your money out of the market
Unless you need some cash, stay invested. You never want to sell in a down market if you do not have to. You want to buy low and sell high.

Don’t chase fads.
We have seen GameStop, the crypto currencies, and companies like Peloton run up on rumors and hype. Quality will always prevail.

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