Creating Wealth During a Bear Market

Investing in a bear market sure is exciting, isn’t it?

There was reason to be pessimistic about stock market returns. After all, a dollar invested six and a half years earlier was worth less than a dollar at the time.

Fifteen months later, I was looking pretty smart. The DJI was over 14,000 in October of 2007, an increase of over 27% in just over a year. Then things took a turn for the worse.

Building Wealth in a Bear Market 

Arrow

To say that things took a turn for the worse for equities after October of 2007 is an understatement. By March of 2008, the DJI dropped below 12,000. It dropped below 11,000 in September of 2008, erasing any gains from the decade, and the pain had just begun.

The Great Recession

I saw those initial investments I made early in my career tank. Subsequent investments tanked a little less. But the overall trajectory for 18 months was down, down, down. It was a true stock market crash and part of one of the worst recessions in U.S. history.

Staying the Course

SWIPE UP NOW TO READ MORE