A Bull Market Is Coming. Here's How to Prepare in 2023.
Last year, the three major indexes dipped into bear territory. Some of the world's strongest companies saw their share prices plummet. And today, investors' biggest question is this: When will the next bull market shake up stocks and lift them out of the doldrums? No one has the answer to this.
But here's some good news. We do know a bull market is on the way. That's because market downturns don't last forever. In fact, history shows us bull markets always follow bear markets. And the average length of a bear market is about a year. All of this means it's a great idea to start preparing right now for better days. How should we do that? Read on.
First, it's important to note that your investing strategy doesn't have to greatly change when the market shifts from bear to bull. Ideally, you should put into place a diversified stocks portfolio that will serve you well over the long term.
Source Fool.com
