3 Bear Market Mistakes Investors Should Avoid at All Costs
The Nasdaq Composite and Russell 2000 are already deep into a bear market -- which is a decline of 20% or more from a previous high. And after this week's sell-off, the S&P 500 is now just a few percentage points away from a bear market as well.
Walt Disney, Amazon, Meta Platforms, Starbucks, and Adobe are just a handful of names on the long list of companies whose stock prices are down 40% or more from their all-time highs. Other once-darling growth stocks like Shopify (NYSE: SHOP) and Netflix have seen their share prices fall over 75% from their peaks.
Bear markets can create life-changing wealth by giving investors buying opportunities, but that doesn't mean it's time to dive headfirst into the abyss of this situation without a plan. Here are three mistakes worth avoiding during a bear market.
Source Fool.com
