Recessions have been relatively small blips in economic history
• Over the last 70 years, the U.S. has been in an official recession less than 15% of all months.
• Moreover, the net longer term economic impact of most recessions has been relatively small.
Recessions are painful, but expansions have been powerful
Don’t fear the bear
• Over the last 70 years, bear markets have been relatively short with limited losses when compared to the powerful bull markets that have followed.
• Aggressive market-timing moves during a downturn, such as shifting an entire portfolio into cash, can backfire.
Bear markets have been relatively short compared to bull markets
About the Author
Rebekah J. Fero, CFP®, AIF®
Rebekah J. Fero, CFP®, AIF®, is the founder of Fero Financial and a fiduciary financial planner with over 35 years of experience. She believes the best financial planning begins with listening because every person's story is different. By taking time to understand what matters most to each client, Rebekah helps people make thoughtful financial decisions that reflect the life they want to create. She believes financial planning is about more than preparing for the future. It is about helping people live with greater intention today while building a plan that evolves alongside their values and the seasons of life.
