Are You Ready For The Next Bear Market?
The #StockMarket remains near all time high levels. In addition the last several years have been very good to investors. Could the stock market be running out of steam? A significant #Correction or a #BearMarket is likely to happen at some point. We don’t know when it will start or how bad it will be. But now is a great time to ask yourself, “Are You Ready for the Next Bear Market?”
In this episode we discuss:
– Intro
– Bear Markets and Corrections – Historical Data
– Recognizing our newest partner, Daniel Spurgeon
– The Big Investor Mistake made During a Bear Market
– With the market near record highs, what should you consider?
– What is rebalancing
– Should you go to cash?
– Lessons learned from previous bears
– Is it time to reduce risk?
– What should you consider doing when stocks decline
– Is there a good time to increase risk?
– Is being an investor harder than it used to be?
– If you are planning to retire soon, what should you be doing right now?
– How can you determine how much risk is in your portfolio?
– Wrap up
To learn more, please visit: https://cfswv.com/cfsblog/are-you-ready-for-the-next-bear-market
Appearing in this episode
Daniel Spurgeon, CFP®
Todd Kimpel, CLU®, ChFC®
Neal Watson, CFP ®
To learn more about our firm please visit, https://cfswv.com