There’s no doubt about it, we’re in a bear market. Accepting that is half the battle. The other half lies in looking at the bigger picture and not panicking. We all know that’s easier said than done, as people understandably react emotionally when it comes to their money. We can build a better perspective when we understand that history tends to rhyme rather than repeat.
With the average duration of a bear market being 11 months, Serge predicts this one will have an above average duration and depth. Only 5 months into it, we could be looking at another year before a rebound. It’s easy to make rash decisions, but focusing on the big picture and staying the course is probably your best bet. Serge goes over the dos and don’ts of both investing and trading during this volatile time.
What You’ll Learn:
- What a bear market is.
- What to do if your portfolio is down.
- How to be more proactive with trading.
- What really matters in the grand scheme of things.
Favorite Quote:
“Most people have shiny object syndrome.”
-Serge Berger
