Could the Stock Market Crash for Real? Here’s How to Prepare

After a long march to record heights, the stock market tripped into correction territory in January. How should you react? Thoughtfully.

A man stands on a cliff overlooking the ocean and cloudy skies.
(Image credit: Getty Images)

Just a few weeks ago, stock markets were riding high, smashing record after record. But even as values continued to climb, many investors we spoke with who are retired, or near retirement, worried about a possible crash. One retiree went so far as to liquidate all of his stocks last fall and invest everything in gold and silver.

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Jeff Harrell, CFA®
Director of Portfolio Management, McGill Advisors, a division of Brightworth

Jeff Harrell is a wealth adviser and director of portfolio management at McGill Advisors, a division of Brightworth. Jeff graduated from California State University at Sacramento with a degree in Business Administration (Finance Concentration). He formerly worked at London Pacific Advisors as a research analyst. Jeff obtained his Chartered Financial Analyst designation in 2003.  He is a member of the CFA Institute and the CFA North Carolina Society.