You need to develop an investment plan and understand what risks you're taking.

229

Economists are expecting things to gradually improve but realize that we are in a tougher environment now. I expect that 3 to 5 years from now we'll have some respectable gains of 5 percent to 10 percent annualized returns, but don't build a plan for anything better than that.

155

If the market goes down 10 percent tomorrow, you're not jumping out the window.

111

You need to be diversified because you don't know which sector is going to get hit next. Just realize that nothing is ever that easy and that every recession is different.

39