IS A MARKET CRASH COMING?

A popular TV and radio host is saying the a market crash is possible and cites the Hindenberg Omen as one of the indicators. The theory is that when the "Omen" is indicated in market action that a crash happens 77% of the time. The "Omen" has recently occurred. A market crash is always possible but so is a market boom. No one can say for sure no matter what the indicators are showing. But lets suppose that a market crash is coming. What should people do? My theory is that people should always be prepared for economic or natural disaster if they want to protect themselves and their families.

Please note that I am not a financial advisor nor a stock analyst. Nor am I an economist. But here is my advice if you are interested. Be prepared for either possibility. If you take all your money out of stocks then you might lose out on the next stock market boom. If you put all your money in bonds and deflation does not happen then you may lose money on the bonds (depending on what bonds you buy.) If you have a stock portfolio there are ways to protect your assets such as positions in gold, options, or inverse ETF funds. Ask an expert for advice.

If you are not a stock market investor what should you do? Try to make sure you will have cash money available to you if the markets do crash and the banks fail. Save as much of your paycheck as you can. Keep up your home food supplies. Keep your cars filled up with gasoline and have extra motor oil on hand. An extra set of tires in your garage is a good idea. Have a stock of necessities at home. Keep jugs of clean water at home. Make sure you have wood for your fireplace. If you don't have a fireplace, install a wood stove or kerosene heater (have a supply of kerosene for it) if you live in a cold climate. Plan for an evacuation of your area with a route and a place to go live if you need to. Learn to camp out and have camping equipment on hand. It is also a good idea to own a legal registered gun if you can shoot. Owning fishing equipment and knowing how to fish is also a good idea. Then don't forget the usual emergency supplies such as flashlights, batteries, matches, etc. I know that a lot of my advice is easier said than done, but do the best you can to be prepared.

Finally, don't be afraid. Be proactive. Work hard for yourself and your family. Watch out for opportunities that you can take advantage of to improve your situation. Don't let anyone discourage you. Save and invest wisely.