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Study how to prepare for stock market swings

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Crises that buffet the financial markets have become commonplace in recent years: 2008’s banking crisis, the housing market implosion, credit woes at home and abroad, currency fluctuations, natural disasters.

As a result, stock prices have been extremely volatile, sometimes rising or falling by 10 percent or more in a matter of weeks — or even days.

“The past couple of years have been challenging for investors, to say the least,” said Gary Thayer, chief macro strategist for the advisory services group of Wells Fargo Advisors.

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