Apart from Warren Buffett's value investing approach, there are several other strategies that can help survive a market downturn. These include diversification, where you spread your investments across various asset classes to reduce risk. Another approach is dollar-cost averaging, where you invest a fixed amount regularly, regardless of the market conditions. This can lower the average cost per share over time. Defensive investing is another strategy where you invest in companies that provide essential goods and services that people need regardless of economic conditions. Lastly, having a cash reserve for emergencies can also be beneficial during a market downturn.
Do you long for the day when you can work less and travel more? Do you fear that you’ll never have e...
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