We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Global markets have taken a massive dive and life as we know it has changed in response to the coronavirus pandemic; but our hopes and dreams, including our investment goals, probably haven’t. What matters is how we respond to crashes and crises.

“We should expect a market crash every six years,” says Wynand Gouws, a certified financial planner at Gradidge Mahura, in a newsletter to clients. A market crash or bear market is defined as a market correction where the market falls by more than 20% from its previous high, Gouws says. The biggest stock market in the world, the US, has experienced 16 bear markets since 1926, averaging one bear market or correction every six years. “The average of these market losses has been 39%,” he says...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.