Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

10 of 21
BACK NEXT
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
More Galleries
Super Bowl 50 ads are studded with celebrities The 2016 Super Bowl has rolled out the red carpet for the likes of Helen Mirren, Amy Schumer, Seth Rogen, Steven Tyler and the late, great Marilyn Monroe. More
The women of marijuana These women entrepreneurs and executives are making their mark in the marijuana industry. More
Most expensive collector cars from the Scottsdale auctions These are the most expensive collector cars sold at the Scottsdale auctions. More

Special Offer