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FP Answers: How do I protect myself during a stock market downturn?

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No one can reliably time the market, but not taking steps to protect yourself might be a big mistake, too, says John DeGoey. Find out more.

In an increasingly complex world, the Financial Post should be the first place you look for answers. Our

Despite stock valuations still being high, people need to understand that earnings are beginning to soften, public- and private-debt levels are near all-time highs, and rate hikes are likely to continue for some time. Many believe that central banks around the world have been behind the curve on inflation and rates, and are now making up for lost time by being hawkish.Article content

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Simple, turn everything into gold or diamonds and get it out of the banks. Two Canadian banks are in turmoil, you will lose everything

That's a great question! Call or email me for answers.

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FP Answers: How do I protect myself during a stock market downturn?No one can reliably time the market, but not taking steps to protect yourself might be a big mistake, too, says John DeGoey. Find out more.
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