A bear market can be unsettling as an investor but we know that cycles will come and they will go. It’s all about surviving the current environment and coming out of it in a stronger position on the other side.
So what’s the key to making it through the bear market? Everyone has their own thoughts and opinions on navigating today’s market, and we wanted to see what some of the ‘experts’ were saying. That’s why we’ve pulled out a handful of the ones we’ve seen or heard recently to highlight on the show today.
We’ll go through each of these sentiments one by one and find out whether Michael agrees with what these commentators are saying. Some of the things we’ll dive into include how the rest of the year might look, where the opportunities might be, changing allocations, avoiding emotional decisions, and how it impacts people who want to retire soon.
No one knows how long this bear market might last or whether a recession is coming, but we do know what planning strategies will help guide you through the good and bad times. Make the most of this investing environment by getting your portfolio aligned with your financial goals and making sure your plan is in place.
Navigating the Show
[2:09] – Continued declines in the market
[6:27] – Bear market is a fantastic opportunity
[9:10] – Silver lining in the damage
[12:18] – Beware of emotional decisions
[13:09] – Do not change your allocations
[14:19] – Delaying retirement
[16:06] – Mailbag question on market timing
“We tilt portfolios toward value companies all the time because it works out well over the long run but if that’s going to be true in the short run, that value stocks are going to outperform growth stocks during this upcoming five-year period, they very well could but we can’t say for sure that they would.”
– Michael Schulte