Bull and Bear MarketsSubmitted by Neil Smith on June 4th, 2020
This is a great chart from Mackenzie Investments. It points out that, while investments are not guaranteed, historically, the bear markets (down) do not last as long bull markets (up). As an investor, you need to stay invested, stick to your plan that you developed with your advisor and know the market's potential growth is not a straight line.
It's important to not let your emotions get the better of you. If you have a portfolio based on your risk tolerance, with a mix of different assets classes, diversified by geography and investment styles, it's a logical decision to leave your money invested when a bear market happens. In fact, you may even want to add more funds to your portfolio.
If you were not comfortable with how your portfolio is performing during the current bear market, then call me today at (306) 537-6797 to arrange a virtual appointment to make sure it is a match for you.