Since the 50s, the S&P 500 Index has declined by at least twenty percent 11 times. The average return from the peak to the trough was -34.18%. Just one year later, the average return from the bottom of the market, was 39.20%. In other words, if you'd just happened to time it right and bought at the very bottom, one year later, you would have made 39.20%. Of course, we don't have a crystal ball and we only know the bottom when using hindsight, but I'm relaying this data to help you realize that bear markets are opportunities. Remember, Warren Buffet tells us to buy when people are fearful and sell when people are greedy. It's counterintuitive but it's great advice.
Bear markets are opportunities
