How bear markets attack your mind as well as your money
A bear market is one of the most cruel fates that can happen to investors. This is why it’s so important, before you risk a penny in the market, to understand the distribution of stock market returns — the range of return in a given year. Unlucky investors who do not appreciate that distribution, and who experience a bear market out of the starting gate, may suffer lingering effects for years that significantly reduce their lifetime profits.
Published:8/14/2019 4:40:01 AM