I was hoping never to write this article because if you are here reading this, it could only means a few things.
- We are in a bear market
- You are in a long position with a possibility of being overleveraging
- You don’t have a system that prepares you for this scenario
Whatever the reason you are here, I think it is quite certain that we are experience a market that is downward cha-cha.
Disclaimer: It is anybody’s guess where the market is going to be. This should not be taken as a buy/sell/hold recommendation. Please consider your own context or approach a financial advisor for advise.
Bear Market Survival Tips
Despite the fear, bear markets are nothing new. To put everyone on the same page,
a bear market occurs when major stock indexes like the S&P 500 fall 20% or more from their most recent peak.
They’ve occurred 12 times since 1946, which is on average once every 8 years....
