Stocks have officially entered bear market territory—here’s what that means and what you should do
Bear market is the term used to describe when the equity markets are down 20% or more from their most recent all-time high.
Since World War II, there have been 14 bear markets that have pulled the S&P down an average of 30%.
The average bear market lasts 359 days, and Stucky adds that it can take a full 38 months to go from the bottom of a bear market to a new all-time high. He says that getting through an extended stretch like that can be stressful, and for some investors, it might be helpful to get out of the habit of checking their balance frequently.
“There’s no reason you need to introduce more anxiety into your life by looking at your balance multiple times a day or every day or every other day,”
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Stocks have officially entered bear market territory—here’s what...
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