Dry Powder When Your Portfolio Takes A Hit
Even the most successful investors have had some setbacks. This is inevitable. But this does not mean that you have to take it lying down. There are things you could do in order to salvage what you may still have. You can still make money even if your portfolio takes a hit. There are pro and cons to several actions you can take and they are all pointed out in this article.
In investing in stocks, since taking a hit is inevitable or very probable, you have to keep dry powder like an infantryman in the olden days. That means save for the rainy days so that you will not be wiped out when your investment takes a hit.
