WHAT’S NEXT? The S&P 500 Index is in nosebleed territory. During and following prior recessions, the S&P has corrected by some 50%. Today, a proportionate 50% correction would take the S&P down to the 1,500 level. We’ve been there twice before.

WHAT’S YOUR PLAN? Prepare yourself with an all-weather portfolio that can protect against a 50% decline. Prepared portfolios win by not losing. They are informed, diversified, and risk-averse. Get prepared now. That 60/40 portfolio is not going to save you.