Motley Fool

4 Steps to Prepare for the Next Market Downturn

While investors were briefly tested during the 30% dip last year, it’s been a while since we’ve seen the massive, prolonged losses of 2008. Despite being in business over 160 years and touting a $60 billion valuation, Lehman Brothers stock dropped over 90% and ultimately had to file for bankruptcy. If you only held Lehman Brothers, your portfolio would have gone down with it.

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