Image Credit: Alex Nabaum
Investors can survive a bear market the same way hikers survive an encounter with a bear: Remain calm and don’t make sudden moves.
With some modifications, the National Park Service’s advisory on how to behave if you come across a bear in the wild is a surprisingly useful guide for investors as well.
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This article was originally published on The Wall Street Journal.
Further reading
Benjamin Graham, The Intelligent Investor
Jason Zweig, The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money