Though it varies relying on the place you pull your info from, most sources will state that bear markets final on common between 280-450 days (right here is one supply for the S&P). If that is the case, then we could possibly be 1/3 of the best way by this. Simply take into account 40% declines in these markets is “common” and we’re not even near that but. It could possibly worsen however simply proceed to carry good firms/etfs and it will go.
Additionally, utilizing that chart and beginning with $100,000 within the bear market of 1972 (your first funding loses you 48%) you’d have been a millionaire by 2001 for retirement with out having to contribute a single greenback so long as you by no means bought….simply preserve that in thoughts.
