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- Sep 2, 2007
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You`ll look like a hero until the market takes an ugly turn
A bear market is no fun, but it can provide a much-needed reality check for your investing strategy.
Investing is a snap when the market is going up. Your portfolio is growing and it`s all too easy to believe it`s because of investing prowess rather than a favourable market or sheer dumb luck.
But when things turn bad as they have since last fall, investments that once looked brilliant can suddenly seem stupid and one-time market heroes are losing sleep.
http://www.canada.com/theprovince/news/mon...8a-0a5ad0547027
A bear market is no fun, but it can provide a much-needed reality check for your investing strategy.
Investing is a snap when the market is going up. Your portfolio is growing and it`s all too easy to believe it`s because of investing prowess rather than a favourable market or sheer dumb luck.
But when things turn bad as they have since last fall, investments that once looked brilliant can suddenly seem stupid and one-time market heroes are losing sleep.
http://www.canada.com/theprovince/news/mon...8a-0a5ad0547027