by Chris Mayer
Triggers are unpredictable. An avalanche can happen at any time.
1. Always invest carefully. You should always invest carefully in a portfolio of stocks in well-financed companies at good valuations with managers who have skin in the game.
2. Only invest with money you can afford to leave alone. The longer, the better, but I think three years is probably a minimum. If you can do without the money you invest for at least three years, then this horizon will help limit the risk of having to yank your money out at a bad price just because of some stock market calamity like a 1987. You can afford to wait for better prices.
3. Keep something in reserve. You want to have the ability to add to your favorites if the market gives you a chance to do so at great prices. You can’t take advantage of a 1987 if you have no money.
Source: Bonner & Partners
http://thecrux.com/how-to-prepare-for-t ... tastrophe/