“One of the biggest money mistakes that investors make in a bear market is thinking they can pick the bottom,” says Jerry Braakman, President and Chief Investment Officer. He also states, “another big mistake that investors make in a bear market is moving to cash. In earlier bear markets, it took years for investors who moved to cash to come back, so they missed much of the rebound after selling on the way down. The lesson is to stay disciplined in your long-term plan.”
Read more about additional mistakes to avoid in a bear market in this article by USA TODAY.
