Bull markets last 9.1 years on average.


Bear markets last 1.4 years on average.
Since 1926. Let that sink in.
Average bull market: +476% cumulative return.
Average bear market: -41% cumulative loss.
What this means for how I invest:
The bulls win in the long run. That is a 100 year fact.
Bear markets are shorter and shallower on average.
So I stay invested.
I add during bear markets.
I never panic sell.
I keep ratios in check so I can always survive the dip.
The bet I make every single day:
America goes up over time.
If I am wrong about that we have bigger problems than our portfolio.
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