Can you prepare for a bear market when everything’s looking great? It’s easier said than done

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 41 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 58%
  • Publisher: 92%

Noastack News

Cent,Investment,Valuation

What you’re preparing for is doing the same things you always do, just in more hostile circumstances

The stock market is doing what it does so well: climb a wall of worry. Investors have shrugged off higher, recession worries, tensions with China and commercial real estate problems. If your portfolio isn’t at a new high, it’s close.

. Continue making regular contributions. Stick to the mix of cash, bonds and stocks that best fits your time frame and goals. In other words, prepare to be your average self. Even without the requirement of greatness, however, staying on course is no picnic. One of the most important things you can do to prepare is have realistic expectations of what it will be like. As a starting point, I’ve compiled a list of what you’ll be experiencing when the bear market hits .Earnings and economic reports won’t be mixed like they are now. They’ll all be bad. You’ll have to search for the positives because they’ll be obscured by the negatives.

To be clear, doing nothing is not a bad result, and will be better than most other investors will be doing, but doing what you always do would be even better.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines