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.