The Folly of Timing the Market Bear markets are a rite of passage for investors, a reminder that even the most optimistic predictions can fall victim to reality.
During these periods of market downturn, the temptation to abandon ship is at its strongest, driven by a desire to avoid the pain of losses.
Since 1932, the average bear market has dragged the S&P 500 down by nearly 35% from peak to trough. Veteran investors know this all too well, but what does it say about our collective psyche?