How to Prepare for a Market Correction

How to Prepare for a Market Correction

A market correction, which takes place when there's a precipitous drop in the stock market, can seem like an investor's worst nightmare. And while declines can actually be healthy, allowing markets to rebalance and readjust, that knowledge may be cold comfort to investors when it comes to the thought of losing money on their investments.

Investors can overcome this unease by knowing how to prepare for a downturn in the markets, even when it's unexpected.