2 Ways Retirees Can Help Keep Their Money Safe, No Matter the Market Conditions

The market can seem pretty unpredictable these days. Global tariffs can lead to higher costs for companies across all industries, and trying to navigate which stocks to hold and which ones to sell isn't easy. For retirees, the name of the game right now is about stability and capital preservation, to ensure you don't incur significant losses, in order to protect your nest egg.The good news is that you don't have to exit the markets to keep your money safe. There are a couple of ways to minimize your risk and still have a position in stocks. Here's how.An important way to keep your risk down is through diversification. Having a position across many stocks can be a much safer option than relying on just a single investment. This year, the markets have tumbled, and even a top performer such as Nvidia has lost close to 20% of its value. Amid a correction or bear market, even seemingly once-safe stocks can experience significant drops in value.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool