Market Crash; Burn and bleed stocks, I’ll buy more

Well, the market is down 25% in less than a year, and you want to sell and I want to buy. Why? Because this is the best time to buy. What happened after the last bear market in 2002 when the market dipped down under 8,000? Within 5 years it nearly doubled. Look at the last 10 bear markets below.

The last ten bear markets:

August 1956-October 1957 Lasted 14.7 months, -21.6% market loss

December 1961-June 1962 6.4 months, -28.0%

February 1966-October 1966 7.9 months, -22.2%

November 1968-May 1970 17.9 months, -36.1%

January 1973-October 1974 20.7 months, -48.2%

September 1976-March 1978 17.5 months, -19.4%

January 1981-August 1982 19.2 months, -25.8%

August 1987-December 1987 3.3 months, -33.5%

July 1990-October 1990 2.9 months, -19.9%

March 2000-October 2002 30.5 months, -49.1%

Source: Standard & Poor’s Corporation.


Leave a Response

You must be logged in to post a comment.