Experts are predicting that the stock market may be in for a major shock in the near future.

While you should not panic, a smart investor should be prepared for changes in the state of economic conditions.

Using over 30 years of experience as a Financial Scholar and teacher, Dr Boyce Watkins gives you 7 ways to prepare for the pending economic storm. He will also provide a list of assets you can consider investing with in order to prepare for economic declines.

Dr Boyce Watkins is a Finance PhD and founder of The Black Business School. He has taught Finance since 1993 at Indiana University, The Ohio State University, Syracuse University and more. He's also the author of the best-selling book, "The 10 Commandments of Black Economic Power."