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10. Tweak your portfolio
Sure, your gut is telling you it's time to bail out of stocks. But deep down inside, you know forgoing equities out of fear carries its own risk - like missing out on a rebound. So before jumping ship, try the tweak that planners call tactical asset allocation.

Instead of cutting your overall exposure to the stock market, shift into less risky types of shares. Swap some or all the money you have in emerging markets stock funds, for example, for a conservative blue-chip foreign equity fund like Dodge & Cox International Stock.

Or cut back on a small-cap fund and make up the difference with a blue-chip U.S. fund like T. Rowe Price Equity Income. The changes may lessen the damage a bear does to you while keeping you in the game.

NEXT: Work a few more years

Last updated August 16 2008: 4:37 PM ET
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