That was just short of the "traditional" 20 per cent slide that many say defines a bear market
. It has been strongly up since then, but still remains down substantially from that peak.
Despite the fact that stocks have always rebounded from bear markets
, staying the course can be an emotional challenge.
This experience taught me that although bear markets
lead to huge losses for some investors, they also create rare opportunities to make a lot of money.
Clients should be able to know how their IUL would have performed during specific bull market periods as well as specific bear market
Therefore, if the market trend is up, it's a bull market, and when it goes down, it's a bear market
The bull markets averaged about 69 months in duration and averaged up about 423 per cent while the bear markets
went down for an average of 14 months and lasted an average of 57 per cent decline.
I won't cover them all though I do wonder whether most people know, or indeed care, whether we are in a bear market
or even a bull market.
2) A brutal bear market
in GCC equities gutted investor appetites for IPOs, a classic vehicle for private equity exits.
Although there are cyclical bear markets
and/-or corrections contained in this period, the overall trend is such that buy-and-hold strategies work well to create wealth for investors.
As if the markets and economy were not burdened by enough problems already, something happened last week that may harbinger the emergence of a significant bear market
More than half of the companies on the 2009 Fortune 500 list were launched during a recession or bear market
In addition to its link to the S&P 500 Index, it offers a fixed-interest bucket with high interest-rate guarantees currently crediting 4.8% that potentially allows policyholders to profitably park their money during bear markets
. Policyholders must keep money in each bucket a minimum of one year.