Discussion: Market Correction

A/ Issues:
1) Grow stocks dropped 50% - 70% (long term portfolio)
2) Margin calls
3) Run out of cash
4) Average down?
5) Passive income on weekly / monthly basic
B/ Solutions:
1) Review your stock in term of Fundamental Analysis, Business Analysis to make final decision
2) Stay focus in family & health
3) Buy PUT (5%) to protect your account
4) Average down or NO average down depends upon each person
5) Sell Cover Call to get premium to collect weekly/monthly income and/or Buy PUT
6) Exchange ABC to XYZ and/or dividend stocks
7) Utilize home equity to invest in big cap and/or mega cap stocks