What I did re 2000 and 2008, and what I did in other times of bear markets, I just rode them out. The following chart show how I did through the recent bear markets. I did nothing to my portfolios to counter them. You can see I did fine from the chart below.
YOY is year over year and Y to Beg is year to beginning of the period, either 31 August 2000 or 30 May 2008. I only keep track of my stocks monthly so I have to use values at the end of months.
|Value||YOY||Y to Beg.||YOY||Y to Beg.|
People are still talking about the next bear market and it will come. It just is hard to say when this will happen. However, I will do what I always do and wait it out.
On my other blog I am today writing about Hammond Power Solutions Inc. (TSX-HPS.A, OTC- HMDPF) ... continue...
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