It's not crying for you"- When Shark Tank's Kevin O'Leary opened up about how to deal with the "stock market crash"

Shark Tank investor Kevin O'Leary, known as Mr. Wonderful, has a no-nonsense attitude when it comes to losses. Instead of dwelling on setbacks, he focuses on strategies to minimize risk and maximize returns on investments. During a candid conversation with CNBC Make It on October 27, 2018, O'Leary shared his insights on navigating the turbulent waters of a stock market crash.

When it comes to navigating tough times in the stock market, it’s all about striking the perfect balance between seizing opportunities and exercising caution. Kevin O'Leary shared some insightful perspectives on the stock market, emphasizing a crucial strategy for investors: never put all your eggs in one basket. This way, even if the market crashes, there is always something to hold on to.

By diversifying your investments, you can better position yourself to thrive, no matter the market conditions. He enunciated his point by saying:

"Never cry when the market goes down because it's not crying for you. What happens is you shouldn't have all of your money invested in stocks that's too risky."

According to the Shark Tank mentor, "diversification is the only free lunch," and one should have enough disposable cash diversification along with some money invested in a fixed income like a bond. This way, the risk is distributed, and a situation of panic could be avoided at all costs.

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Here is what Shark Tank investor Kevin O'Leary has to say about surviving the turbulence of the stock market

Shark Tank investor Kevin O'Leary talked about the ever-changing nature of the stock market and how the current generation is not used to the market going through correction on its own. However, he pointed out that taking part in one's savings and investing in the long term is the key to getting insulated from getting a jolt when the stock market is turbulent.

He talked about market correction and insisted those who invest in the stock market should look at it as a "natural phenomenon." He further added:

"If you're an investor to think long term buy companies that are profitable that have good balance sheets that pay dividends and you can sustain yourself through these massive corrections."

Apart from all of these, one major thing that Kevin emphasized was looking out for one's spending habits. Shark Tank's mentor urged people to stop buying useless things and take out 10% of their income to invest in the long-term which could yield 7-8% annual returns over time.

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