DJIA -23%, S&P500 -20%, Nasdaq -14%
Above numbers are 2020 Q1 major index performance. Here it comes bear markets.
Although bear markets are painful and scary, there are many opportunities both in down and up trend markets. It is much harder to make profit on bear markets due to precise timing for entering and exiting positions. But, markets will recover after average 12-18 months in duration.
Identify the bottom and catch next wave of bull markets could be life-changing event. For example, this bull market March 2009 – February 2020 offers +400% return by simply investing in S&P500 index.