I’m Keith DeGreen and this is your Investors Minute.

Yesterday I mentioned that if you’re a young accumulator you should celebrate market corrections and buy more when markets are “on sale.”

But what if you’re retired and won’t be making more contributions to your investment accounts? What if you have a lump sum you need to protect as well as to grow?

Then here’s the crucial rule: Lump sum investors must have downside protection strategies in place before markets correct. You must be out of the business of waiting years to get back to breakeven.

Most important, treat cash as an asset class. When things start getting dicey, go there! Yes, our clients are safely in cash right now. Tomorrow I’ll share two strategies that you or your advisor should use every day to protect your hard-earned money.

I’m Keith DeGreen and this has been your Investors Minute.

FEE-ONLY DeGreen Capital Management. Pioneers in low-cost exchange-traded fund investing. Irvine: 949-333-4550. Scottsdale: 480-609-9900. www.DeGreen.com. Minimum portfolio requirement $1,000,000.

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