Second, they don't sell indiscriminately. Most people lose money in bear markets because they hang on for a while hoping the market will turn up. Then they get discouraged and sell everything-often at the very bottom of the bear market. 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.