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Bear Markets Fall Faster than Bull Markets Rise

As more investors come to grips with the fact that there will be no quick rebound from this bear market, it's time to see where we are. The chart below (of the S&P 500) shows that from the October 2007 highs through November 2008, that all the gains from 2003-2007 have been erased.

As I have repeated ad nauseum, this is the problem with buy and hold - your hard earned multi-year gains can be wiped out in brutal bear market.

Posted on Thursday, November 20, 2008 at 02:26PM by Registered CommenterMichael in | Comments4 Comments

Reader Comments (4)

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.


Betty

http://www.my-foreclosures.info
January 16, 2009 | Unregistered CommenterBetty
I enjoy reading your blog, but I have one question for you. If we don't buy and hold in our retirement accounts, then what does the average person do for retirement?

Thanks
March 25, 2009 | Unregistered CommenterTodd
This is so true. I am following the old "buy and hold scheme and I was comfortable with it for quite some time until now. In this times it is now challenge to gain returns and even more challenging for bear traders to survive.

more info here http://www.stockmarkettrading.com.au.
August 28, 2009 | Unregistered Commenterstock market
Wow were you on the money!
February 7, 2010 | Unregistered Commenterdaddy paul

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