Bear Market - Ben Carlson

This is a good piece by Ben Carlson:

Increase Your Exposure to Humility During a Bear Market
https://awealthofcommonsense.com/2022/06/increase-your-expos…

This is now the 13th decline of 20% or worse since World War II

The last chart is worth looking at: % Decline, # Days, 10 Year Yield, Inflation Rate.

I expect most of us here experienced two of the most vicious bears: 2000 and 2007.

In 2000-2002 I didn’t have enough money in stocks to be a concern and wife and I were at peak earnings, so it was good for us. 2007-2009 hit hard, went from FI to not FI and took a few years to get back. It colors how I think about bear markets - I expect a 50% decline. 2020 was just a blip.

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