Archive - June 28, 2008

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Some Days You Get the Bear, and Some Days the Bear Gets You

Some Days You Get the Bear, and Some Days the Bear Gets You

Some Days You Get the Bear; others the Bear Gets YouWall Street is licking its wounds this weekend, no doubt, after being pretty badly clawed by what is almost certainly a bear market. In the coming days you’ll see all sorts of articles offering you free advice, e.g. identifying “Bear Market Stocks You Should Buy Now,” providing lists of the mutual funds into which you should put all your money, and so forth. What should you do?

First of all, if I may borrow a phrase from the Hitchiker’s Guide to the Galaxy, “Don’t panic.” If you’re an investor, you should already have expected that the markets could drop, because …

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