Markets rebounded significantly after their sudden plunge in February and March 2020; reminding investors of the importance of focusing on long-term goals instead of short term events. Sources: Stock Market Crash of 1987 Here's How Long It has Taken for Bear Market Losses to Recover 10 Things You Should Know About Bear Markets Takeaways:
- Investors can get caught up in a “let it ride” mentality in times of unchecked market growth. However, it is just as important to keep an eye on the big picture in good times as it is in bad.
- We cannot predict when the market will drop or how far it will fall. Investors should take steps to position their portfolios against potential risk during times of growth.
