Mohacsy's Safe Portfolio Member Forum

[dexprs]

Another point of view. The title may grab your attention. Yes, I agree with the premise that a 50% correction can, and in my opinion it will actually happen, BUT WHEN is the $64,000 question. Some of you may recall that quiz show from the past.
https://seekingalpha.com/article/4318904-50-pullback-is-possible-prepare-proper-hedging?lift_email_rec=false&utm_medium=email&utm_source=seeking_alpha
It is very tough to prepare for a Bear of That size, like John Cashin said not long ago, "the end of the world will come only once." 50% is not the end of the world, but sure will put a dent in one's portfolio, it took 25 years to recover from the Great Depression, of course that was much, much worse that a "mere" 50%.
Just some thoughts and planning your portfolio protection. You would not go to a war without a rifle, it is a fool who just figures rallies last forever. In 1987 there was no space at the doors to exit. My father planned for it several months before and took no losses of any size to speak of.