How to keep calm in bear markets?

01:03 Mins Read

Bear markets making you panic? Watch this video to learn how to stay calm.

Transcript

Panic is nobody’s friend, especially in a bear market. Here are three ideas to help you stay calm when the market is falling. Firstly, ensure that your financial plan accounts for market downturns. That way, you’ll always be prepared. Secondly, diversify your investments. Bear markets may be a good time to include some bonds and fixed income instruments in your portfolio. And finally, reach out to a financial advisor. Talking to an expert can give you a realistic perspective and keep you from panicking. And that's how you keep calm in bear markets. Well then, that's a wrap on our module on bear markets. To check out what else is in store, head to the next module in Smart Money.

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