Monday, June 15, 2015

Next Bear Market

This is a Buy Sell Advisor that I recently received. It is asking readers to think back to the 2000 and 2008 markets and is asking how you felt at that time. It is a valid question. They are right that the current bull market is rather long in the tooth.

What I did re 2000 and 2008, and what I did in other times of bear markets, I just rode them out. The following chart show how I did through the recent bear markets. I did nothing to my portfolios to counter them. You can see I did fine from the chart below.

YOY is year over year and Y to Beg is year to beginning of the period, either 31 August 2000 or 30 May 2008. I only keep track of my stocks monthly so I have to use values at the end of months.

Date TSX My Portfolio
Value YOY Y to Beg. YOY Y to Beg.
31-Aug-00 11,248
30-Sep-02 6,180 -45.06% -45.06% -30.92% -30.92%
30-May-08 14,715 138.11% 30.82% 70.68% 17.90%
27-Feb-09 8,845 -39.89% -21.36% -30.81% -18.42%
31-Dec-13 13,622 54.01% 21.11% 99.14% 62.46%
30-May-08 14,715
27-Feb-09 8,845 -39.89% -39.89% -30.81% -30.81%
31-Dec-13 13,622 54.01% -7.43% 99.14% 37.79%


People are still talking about the next bear market and it will come. It just is hard to say when this will happen. However, I will do what I always do and wait it out.

On my other blog I am today writing about Hammond Power Solutions Inc. (TSX-HPS.A, OTC- HMDPF) ... continue...

This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.

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