Now That Stock Prices Have Rebounded, How Do I Protect My Gains?

Now that the U.S. stock market has recaptured most of its losses from 2018's fourth quarter, many investors are breathing a sigh of relief. From its lows on Dec. 24, the Standard & Poor's 500 Index, jumped 18% through the end of February. The index is now within striking distance of a record high.

It's stunning how the consensus outlook has changed in just a couple of months. When the stock market was taking a nosedive late last year, some economists were predicting

You're reading a preview, sign up to read more.

More from Kiplinger

Kiplinger5 min read
Take Ownership of Your Retirement Before It's Too Late
The traditional defined-benefit pension plan was a key component of many Americans' compensation packages until the 1980s. Employees could be confident that the combination of pension and Social Security benefits could adequately see them through the
Kiplinger3 min read
Breaking Down Risk Tolerance
There is no shortage of discussion surrounding the important topic of risk tolerance. It is crucial for everyone to know the basics. It is just as crucial to show discipline and rigor when it comes to adhering to the path you choose. Here are a few
Kiplinger4 min read
Which Bucket Should Retirees Tap First, for Their Heirs' Sake?
If you have a brokerage account, you're probably familiar with the concept of cost basis (the original price you paid for an investment). But when you pass away, an investment's cost basis changes -- instead, it assumes the investment's value at the