How to handle a bear market If you are confronting a bear market, there are a few key things to keep in mind. And yes, for this bear you can play dead!
Maintain your composure
When bear market conditions first begin to surface, you may start to feel anxious about your investments and your financial future. It’s important that you don’t panic when things start to take a downward turn.
Lots of people make the mistake of pulling out their investments when the market starts to dip. Wall Street goes crazy. But, this will leave you at a loss and prevents you from benefiting when the market starts to climb up again.
Think about this: if you were to encounter a bear in the wild, your best course of action would be to stay calm and play dead. You can play dead with a bear market, too!