Erica Smith recently published the article “Protect Your Wealth from the Next Market Crash with These Tips from Ted Bauman” in the Gazette Day. Ted Bauman is a financial expert who has nearly two decades of experience in the financial industry. He is also an author for Banyan Hill Publishing, one of the leading information publishers in the financial market. In his articles on The Baumen Letter, he discusses practical tips for the average investor, particularly how to increase their wealth for their retirement. Read this article at Gold-Eagle
Ted Bauman indicates that the market might keep rising but it might also drop to the lowest point in years. The stock market at the moment has the potential to do either, and a savvy investor needs to start developing a plan that may work best depending on which way it leans. Ted Bauman indicates that the investor needs to start viewing the stock market with greater awareness instead of the unrivaled optimism that it will keep going up. He suggests that rules-based selling could lead the market to crash. Instead, investors need to develop a balanced view point. Though the stocks on the market may be overvalued at the moment, they may return to lower valuations soon, though it might take a year for the market to balance out again.
He believes that developing a long-term investing strategy is necessary for smart investors. Those who have a plan will tend to succeed over those who don’t. He particularly suggests that investors leave their emotions out of investing as it can lead them to sell when they might gain more profit or to buy when the prices are too high. He also offers three different ways for the average investor to protect their investments. The first is to create an investment portfolio with a wall of protection to prevent losing money. This involves a defensive strategy rather than trying to make big gains in a short amount of time. He also suggests that stocks and bonds are also a safe way to invest because bonds are traditionally less risky. He reveals that investors need both stocks and bonds. The bonds protect and balance the portfolio while the stocks allow the investor to make larger gains.
Ted Bauman was also featured in the Ask Reporter article by Rob McKinsey titled, “Could Your Assets Survive a Disaster? Ted Bauman’s Tips to Protect Your Wealth”. The article details the necessary steps everyone needs to take to protect their assets from natural disasters and from the government. Read more: https://banyanhill.com/expert/ted-bauman/