U.S. markets closed
  • S&P 500

    4,164.00
    +52.92 (+1.29%)
     
  • Dow 30

    34,156.69
    +265.67 (+0.78%)
     
  • Nasdaq

    12,113.79
    +226.34 (+1.90%)
     
  • Russell 2000

    1,972.61
    +14.89 (+0.76%)
     
  • Crude Oil

    77.59
    +3.48 (+4.70%)
     
  • Gold

    1,885.10
    +5.60 (+0.30%)
     
  • Silver

    22.19
    -0.05 (-0.21%)
     
  • EUR/USD

    1.0731
    0.0000 (-0.00%)
     
  • 10-Yr Bond

    3.6740
    +0.0400 (+1.10%)
     
  • GBP/USD

    1.2051
    +0.0027 (+0.22%)
     
  • USD/JPY

    131.0610
    -1.5460 (-1.17%)
     
  • BTC-USD

    23,185.21
    +289.87 (+1.27%)
     
  • CMC Crypto 200

    534.56
    +8.61 (+1.64%)
     
  • FTSE 100

    7,864.71
    +28.00 (+0.36%)
     
  • Nikkei 225

    27,685.47
    -8.18 (-0.03%)
     

The 3 Things I'm Doing to Prepare for a 2022 Stock Market Crash

The 3 Things I'm Doing to Prepare for a 2022 Stock Market Crash

Right now, stock values are high, and that alone could lead to a near-term correction. Furthermore, stock values have been high for a long time now, and while the market definitely took a tumble in March of 2020 when the pandemic first hit home, it recovered fairly quickly. It's always a good idea to have a solid emergency fund -- enough money in the bank to cover three to six months of essential living expenses. Right now, my emergency fund is looking pretty robust, especially since I have about a year's worth of essential expenses on hand in cash.