Five Funds to Buy in a Market Crash

No one knows if or when a stock market slump could come. And, of course, even if it does, no one knows how long it will last or how far it will go. But instead of watching and trying to time it, why not outsource that job to the best?

Among the many advantages of getting these guys to do your buying in a crash is that it's easy. You can make the phone call from the beach bar if the crash comes while you're on holiday.

And it's worth adding that I am talking here about long-term investment money -- the stuff you won't need back for at least five years, and preferably a lot longer than that. Money you will need sooner should stay in cash or low-risk short-term paper. A crash could lead to a bear market that could take years to work out.

But you're not going to retire early on your CDs. You'll do it on a sound, well-diversified portfolio that you bought at bargain-basement prices. If you should be lucky enough to get that chance, don't pass it up.