How to Protect Your 401(k) in the Event of a Market Crash

Have a financial strategy

One crucial financial strategy when it comes to your 401(k) is consistent evaluation and rebalancing of your investment portfolio.

By consistently evaluating your account you will be able to determine if your investment choices are yielding the best results for you. You’ll also be able to see how minor adjustments can maximize the overall performance of your portfolio.

Additionally, a regular evaluation will help you better understand what steps need to be taken to protect your current savings and how to reach your ultimate retirement savings goals.

In addition to regularly assessing the performance of your individual investments, it’s important to look at the risk tolerance of your overall portfolio.

Most financial advisers agree if you’re close to retirement age, your portfolio should be made up of mostly medium to low-risk investments. Conversely, younger investors should have a more aggressive portfolio.

Small-cap winners galore

The big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; Baidu.com (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
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Smarter cryptocurrency investments

The stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.
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