What To Do When Stock Market Crashes?

Orange Lightning

Stock market crashes are sudden plunges in stock prices, often driven by panic and economic woes, here are things to know. 

1

Stay Calm

Don't panic sell!  Stock market crashes are historical events, and markets tend to recover over time.

2

Hold Tight

If you're invested for the long haul, stick to your plan and avoid making rash decisions.

3

Evaluate Portfolio

Review your asset allocation and see if it aligns with your risk tolerance, a crash can be a good time to rebalance.

4

Consider Buying

A  crash can present a buying opportunity. Invest in quality stocks at potentially lower prices.

5

Avoid Rumors

Stick to credible sources for information, Don't let emotions guide your investment decisions.

6

Emergency Fund

A crash highlights the importance of a safety net,  Make sure your emergency fund is healthy.

7

Seek Help

If the crash worries you, consider consulting a financial advisor for personalized guidance.