I’ll be straight with you. I can’t tell you the exact day the market will bottom. If I had those prognostication powers, I’d probably spend less time investing in the stock market and more time picking lottery numbers.
But that doesn’t mean I believe in buying, holding and hoping for the best.
When you have a portfolio to invest and a retirement to plan for, your market outlook is critical to your overall asset allocation decisions. Being out of the market during an epic bull run can be just as devastating to your retirement plans as being in the market during a bear market meltdown.
Let’s look for some clues as to when the bear market might bottom out.
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