5 things to do when the ASX crashes

Share markets have dipped violently in recent weeks as long-term bond yields increased and investors feared inflation would force interest rates up.

First-time stock investors have had a great time since March, so it might have been a bit of shock to them that share prices can actually depreciate.

Even for veterans, it can be hard to think of a firm course of action when markets start crumbling.

Panic can set in, and you can end doing some foolish things.

So it’s a great time to bone up on a definite 5-pronged strategy, as Marcus Today director Marcus Padley set out earlier this year:

Sell down to take a break

Padley told investors in a Marcus Today newsletter in January that he doesn’t mind individual retail investors selling…