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Retirees: How to Protect Your RRSP From a Stock Market Crash!

johnNjohnN
edited March 2020 in Fund Discussions
https://www.fool.ca/2020/02/29/retirees-how-to-protect-your-rrsp-from-a-stock-market-crash/

(Canadian article)
Retirees: How to Protect Your RRSP From a Stock Market Crash!


This week, markets have been crashing worldwide on fears that the ongoing COVID-19 spread will massively impact the global economy. Already, we’re seeing supply chains severely disrupted, as Chinese factories shut down and buyers like Apple tell investors to brace for weaker-than-anticipated earnings. For retirees who are banking on their RRSP to carry them through their golden years, it’s a scary time. While Canadian markets aren’t down as much as U.S. markets, we’re beginning to feel the heat at home, and virtually all equity markets are down worldwide.

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