It was in London's Exchange Alley that this downward trend called a "bear market" got its name. In the early 18th century there were bear skin traders who sold the their bear skins BEFORE they actually caught the bears ... something like "short selling" today.
By definition, a bear market is a prolonged period of stock or index prices declining by at least 20% from its recent highs. Though the S&P 500 did fall a little over 20% on May 20, 2022 from its high in the first week of January, it didn't stay long.
So, just like an experienced hiker knows, panicking is the worst thing you can do if you meet a bear in the woods (probabilities are very low). And it is the same in responding to a bear market. Although both are unexpected, having the Mapato Income & Growth portfolio is the best way to ensure you won’t get mauled — financially!
Here are some articles I found interesting that I think you might enjoy as well. Let me know what you think.
Success in all your efforts,
We’re here to help, Let us.
Talk to Us
Please feel free to contact us. We’re super happy to talk to you. Feel free to ask anything.