Bear Market Survival Guide: Smart Moves Every Retiree Should Make
You have two choices during a bear market: Panic or make the most of it. Here's how retirees may profit by sticking it out.
Overview
History tells us that a bear market is coming. However, it doesn't tell us when. Since the end of World War II, a new bear market has occurred roughly every 3.5 years, on average -- and with an average length of 9.6 months. Still, that doesn't mean they don't make an impact.
If you're retired and on a fixed income, navigating a bear market can be a challenge. However, with careful planning, you can get through the storm -- and even find opportunities to grow your portfolio. Here are some of the moves you should consider during the next bear market.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.