A safe haven is something investors rush to when they're scared: gold, very safe government bonds, or a small group of stable currencies.
Safe havens often move the opposite way to risky assets during a scare, which is why some people hold a little as a cushion against bad days elsewhere.
In a sharp stock market fall, gold or safe government bonds have sometimes held steady or even risen, cushioning a portfolio that held a small share of them.
Safe havens do not always behave the same way in every crisis, and they usually grow slower than stocks over the long run. They are a cushion, not a growth engine.
Check how your own portfolio actually moved in its worst month: did anything in it hold steady while the rest fell?
Safe havens often hold steady when risky assets fall. They cushion a portfolio, but grow slower over time.
See how your portfolio moved in its worst month.