Recovering from Mistakes and Bad Markets
In This Chapter
- Disaster, or temporary setback?
- Recognizing a buying opportunity
- Taking advantage of government and legal benefits
- Strategies to get back on track
It’s impossible to invest for long without losing money on something. Even if you have a beautifully diversified portfolio, its value will fluctuate. You will most likely need to tap your emergency fund or your insurance coverage at some point in your life. Or maybe you weren’t adequately covered before the divorce, or the illness, or retirement arrived. This chapter is about steps you can take to improve your situation.
Stock Market ...