Ben Carlson reports on the frequency of corrections/bear markets/crashes for the S&P 500, Nasdaq Composite Index, and Russell 2000."It is important to remember this is just something that happens from time to time in the stock market.
The only reason you get high returns over the long run is because you occasionally experience losses in the short run. This is a feature, not a bug."
I wholeheartedly agree with Mr. Carlson's closing statement:"I suppose there are some investors who can change up their strategy from bull markets to bear markets but I haven’t met too many who can do so consistently. I’m a much bigger fan of creating a portfolio that takes corrections and bear markets into account when you create your investment plan. You should strive to create a saving and investing process that is durable enough to handle both up and down markets."Link