When the market drops, what should you do? Some investors hold on. Others invest more. And some decide to sell everything.
The choice comes down to personal preference and risk tolerance. But you could look at a "down" market as a way to diversify or even invest more while stock prices are potentially lower.
Here are some ideas to consider.
This is not investment advice, be sure to do your own research if you're going to invest.
Earn passive income by investing in real estate
Imagine earning passive income every month just by holding a little bit of money in an account. Sounds amazing, right?
With Public, you can invest in real estate-related ETFs, or exchange-traded funds. These ETFs are like buckets that hold stocks, bonds, and other assets in the real estate sector. It doesn’t always happen, but if those assets ever pay a dividend, you could earn money while you sleep.
Thanks to fractional shares, you could get a piece of some of the hottest real estate deals in these ETFs without being a millionaire. It’s one of the most affordable ways to invest in real estate and start building passive income.
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Prepare for market volatility by diversifying in gold
Stock market volatility can be financially damaging, especially as you near retirement. You could move your investments into a savings account, but have you seen interest rates lately? Another option to consider — diversify with gold.
Gold values are inversely correlated with the stock market and the dollar. When one goes down, the other usually goes up. If you want to protect your retirement funds, having diversified investments may be able to help you weather market swings.
Gold Alliance is a reputable precious metals dealer that specializes in precious metals IRAs. They make it simple to transfer funds from your current retirement account (like a 401(k) or IRA) into a precious metal IRA — with no taxes or penalties.
Gold Alliance offers a free gold information kit to help you learn more about why gold and silver could be a smart choice for diversifying your portfolio, and how the process works.
Get a free stock valued between $5 to $200
Robinhood is a great option for both new traders and seasoned investors.
With Robinhood it’s completely free to buy and trade stocks, options, and more. All trading is commission-free with no account minimums or maintenance fees. They’ll even give you a free stock in a company like Apple, Sprint, or Ford.
Sign up using the link below and Robinhood will add 1 free share of stock (valued between $5 to $200) to your account when your brokerage application is approved.