Stock markets in Singapore have been buoyed by good news as the economy undergoes a recovery.
The local banks have led the benchmark Straits Times Index (SGX: ^STI) higher since the start of the year in anticipation of higher interest rates.
In the US, however, the technology-heavy NASDAQ Composite Index has taken a sharp 9.7% tumble from its all-time high as growth concerns mount.
It can be tough to anticipate when the next market crash will come along.
But even though you cannot predict, you can certainly prepare.
Maintaining a portfolio of resilient stocks is one way.
Another good idea is to single out specific stocks that you’d want to buy when the market does crash.
By being ready, you can automatically execute your orders should the market suddenly dive.
Here are three stocks that I plan to buy when the next market crash comes around.
Frasers Logistics & Commercial Trust (SGX: BUOU)
Frasers Logistics & Commercial Trust, or...