Unfortunately, this seemingly exciting phrase stirs more greed, fear of missing out and, consequently, bad decision-making than any other, in my experience.
Furthermore, between September 20, 2018, and December 24, 2018, the S&P lost 19.36% of its value — very close to technically becoming a true “bear market” .
Likewise, in 2020, between February 19, 2020, and March 23, 2020, the S&P 500 fell 33.79%, which is a solid bear market.
Based on this closer look, you can see that even within a year where bear markets become manifest, the stock market has demonstrated impressive resilience to the upside.
Even though enthusiastic record-setting headlines were nowhere to be found, the S&P 500 experienced a whopping price level return of 130% from the March 2009 low to March 2013.
As you consider your investments and their return expectations, temper them just a bit with the harsh reality that there are indeed bleak times in global equity markets.