For months, investors have been on the edge of their seats, just waiting for their portfolio values to tumble. Stocks have been largely overvalued for months, and many believe that conditions are ripe for a near-term stock market crash. There’s a solid chance stock values could tank before the end of the month.
Of course, it’s impossible to predict when the next stock market crash will occur. However, it’s essential to be ready for one at all times. Being prepared includes knowing what not to do if things take a turn for the worse. Here are three traps you shouldn’t fall into if stock market volatility strikes soon.