Right now, we are experiencing the second longest running (and the third highest-rising) bull market in history according to Bloomberg. I find this very interesting, so I decided to look at all of the record-setting high-rising bull markets. They did not end well.
In investing, as in war or sports, the better you know your opponents, the better you are able to strategize, to plan, and to defend yourself against them. Bear markets are extremely dangerous enemies for any investor, and especially for those over 50. I’m presenting this brief primer on bear markets in the hope that you will learn more about this enemy to your financial security.