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How to grow your money safely during the next downturn

GOBankingRates Logo By John Csiszar of GOBankingRates | Slide 1 of 26: As long as there has been a stock market, there have been fears about a dramatic market sell-off. Although a true crash that wreaks havoc on the market is rare, drops of 10% actually occur quite regularly. While the stock market has eventually reached new highs after every correction, it’s still an unsettling process to go through. What can you do to help protect — and even grow — your money during the next downturn? Here’s a look at some general principles you should consider before the next sell-off, along with suggestions for investments that might fare better than the market as a whole.

It's crucial to know how to handle money when times are tough

As long as there has been a stock market, there have been fears about a dramatic market sell-off. Although a true crash that wreaks havoc on the market is rare, drops of 10% actually occur quite regularly. While the stock market has eventually reached new highs after every correction, it’s still an unsettling process to go through. What can you do to help protect — and even grow — your money during the next downturn?

Click ahead for a look at some general principles you should consider before the next sell-off, along with suggestions for investments that might fare better than the market as a whole.

© claffra / Getty Images/iStockphoto

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