#4: Revise Your Investments
If you want to grow your investments in both good times and bad, it may be time for you to get more conservative. Meaning if you can't wait for this market to turn around or just aren't comfortable with the volatility, you should avoid stocks altogether.
Look at safer alternatives such as Certificates of Deposits (CDs), short-term bonds and bond funds, U.S. Treasury Inflation-Protected Securities (TIPS) and asset allocation funds such as those offered by Evergreen or Ivy.
And don't forget one of our 10 rules of investing: Know thy sleep quotient! If you're staying awake at night worrying about money you have invested in stocks, you're better off playing it safe and getting a good night's rest. (See the rest of our 10 Rules of Investing.)
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