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Asset Allocation: A common recommendation involves dividing investments among equities, real estate (especially Real Estate Investment Trusts or REITs), and turnaround plays with growth potential.
Focus on Strong Fundamentals: For stocks, companies with solid earnings prospects and pricing power are preferred, as they can better withstand economic headwinds.
For those nearing retirement, experts suggest realizing gains from previous investments to create a financial buffer, reducing exposure to risky assets during turbulent times.