Showing posts with the label 9 strategies if the worst-case scenarios come true Commentary

9 strategies if the worst-case scenarios come true Commentary:Michael Sincere -MarketWatch

By Michael Sincere   MIAMI, Fla. (MarketWatch) — I have two friends, one a doctor and the other ex-military, who believe that the U.S. stock market is going to crash. People will riot in the streets, we’ll run out of food and crime will spiral out of control.   U.S. stocks have an edge in 2012 , says Liz Ann Sonders, Charles Schwab's chief strategist. ronically, everything they fear did happen this year in some form — just in other countries. Although I don’t agree with most of my friends’ predictions, it makes sense to be prepared in case they are right. After all, 2012 could be a rough year, what with a no-holds-barred U.S. presidential election and the Mayan calendar’s December 21 end date. Like all prophecies, these latest ones and others will play havoc with people’s emotions and portfolios. Even if the predictions are wrong, your finances could still be at risk.