Third, they know when to seek help. When they are worried about their financial health, they seek the advice of a professional. Most financial advisors know a lot about bear markets. They will reexamine your portfolio, as well as review your investment goals, your time horizon, risk tolerance, and financial circumstances before making any recommendations. Fourth, some see the bear as an opportunity.
Contrarian investors like to shop for bargains in bear markets.
Others use dollar cost averaging to their advantage. Under this strategy, a fixed amount of money is invested at regular intervals, regardless of what the market is doing. By resolutely adding shares during a bear market, they reduce the average cost per share. The more shares they hold, the more they stand to gain when the market turns up. An important tip is be patient.