Michael Murray: How to survive a bear

Michael Murray: How to survive a bear

Most investors fearing a stock market crash have a lot of options aside from selling out

If you have invested in a well-diversified portfolio of equities over the past four or five years, you are almost certainly looking at some pretty rich if not realised gains today – making you feel comfortable perhaps about your future standard of living.

The proviso, of course, is that the market doesn’t crash, as has been its wont to do once or twice over every quarter of a century or so. This is usually after a...

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