3 Timeless Investing Lessons From the 2022 Nasdaq Bear Market
Meta Platforms (NASDAQ: FB) stock went up over 17% on Thursday, then Amazon (NASDAQ: AMZN) stock was down over 12% in after-hours trading. When such large companies make mega moves to the upside and downside, it can be a sign that the market is volatile. And given the Nasdaq Composite has plunged into a bear market in a matter of months, it is clear that the 2022 stock market is looking much different than the rip-roaring year we had in 2021. A bear market is defined as a drawdown of at least 20% from an all-time high, while a correction, which the S&P 500 is currently in, is a drawdown of at least 10% from an all-time high.
However, bear markets are not inherently bad things. And with the right temperament and patience, they can even lead to life-changing wealth. Here are three timeless investing lessons from the 2022 Nasdaq bear market that you can take with you to become a better investor.
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Source Fool.com
