3 Things Smart Investors Do During a Bear Market
It's been a dismal year for many investors. High inflation and rising interest rates have created a great deal of economic uncertainty, triggering a sharp decline in the stock market. In fact, the S&P 500 had its worst first half in more than five decades, falling 21% between January and June. That put the broad index in bear market territory for the seventh time since 1970.
The S&P 500 has since recouped some of its losses, but the bear market will not officially end until the index hits a new high. That may take a while. The S&P 500 last peaked about 210 days ago, but historical data shows that past bear markets have dragged on for an average of 391 days.
That being said, speculating on the duration and severity of a downturn is somewhat pointless. So here are three things smart investors do during bear markets.
Source Fool.com
