The financial media as of late—in both Canada and the U.S.—has been overrun with headlines talking about the potential for another bear market. It’s clear why. A 10% correction in the TSX in August followed by news that we are in a recession has put investors on edge.
Is there any accuracy to claims that a new bear market is upon us? It is impossible to know for sure, but one thing is clear—another bear market is inevitable, and the length of the current bull market suggests it will be sooner rather than later. Read More…
Canada isn’t quite in a bear right now. The US is showing signs of one but most certainly is not.
This strange trend is common around this time each year. Likely because the 2008 drop happened around this time and so is a period when people get nervous. Once September passes everything will be fine. True me. 😉
Hmm…although many people play this stock market game i am still too scared due to reasons such as this. I have the unfortunate luck to see my investment drop to $0 way too often 🙁
No brainer here. The best way to weather a bear market is to diversify your portfolio. Stocks go up and down. The best way to stablize it is to spread it out since different sectors experience gains/losses.
This is why mutual funds is the way to go.
A 10% correction on TSX is normal. Very normal. I cound 16 of them that happened in 2014. Welcome to the world of investing.
Routinely i would rather wait for the bear market to bottom out and then clammer for the deals. You can find a boatload of bargains during this time. Just binge buy and take the profits a few months later.
Most people get very nervous on the first sign of a drop. I am one of them. Ride it out is what i’ve learned.
It talks about dividend payers. That depends on where you are in age. The younger you are the less you should do that.