Quote:
Originally Posted by kepp
I've been wondering about this a lot lately. I want to retire in ten years and I'm not sure I can take a big hit from a correction and still do it. What's the best way to maintain wealth through a correction? Bonds? Precious metals? I'm not sure.
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Best way to survive a correction is to not participate in one. So reduce your exposure to stocks I general. The stocks you do own should be blue chips that pay good and increasing dividends. Bonds are where you will find stability. Though as rates rise bonds will fall in price but their yields will go up. 10 years out, you should be no more than 60% or so in stocks anyway.
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