If a Bear Market Is Coming, Here's What All of the Smartest Investors Are Doing Right Now
There is a bear market waiting to pounce at some point in the future, so you'll want to act now to make sure you avoid panicking.
Though a bear market's timing remains uncertain, I am confident it will occur, likely sooner rather than later. Presently, despite the market nearing record highs, investors seem to be dismissing numerous alarming developments. Even JPMorgan Chase CEO Jamie Dimon has been cautioning about the growing likelihood of a downturn, which makes my concern all the more justified.
If a bear market is indeed on the horizon, either in the immediate future or further down the road, the most prudent investors proactively prepare for the inevitable decline. Having experienced multiple bear markets, including the severe dot-com crash and the Great Recession, which raised genuine doubts about the security of the global financial system, it's impossible to remain indifferent when stock prices plummet day after day, week after week, month after month, and year after year.
Watching wealth gradually diminish can be distressing, and at some point, one may feel compelled to halt further losses before they become irreversible.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
