A Bear Market Survival Kit

By Ted Neild, CFA^®

Over the past few months, markets have staged a solid recovery and volatility has receded—at least for now. Investor sentiment, which not long ago was marked by anxiety and gloom, has shifted back toward optimism. The temptation, of course, is to breathe a sigh of relief and move on. But this period of relative calm is exactly the right time to revisit a question too often left until too late: "Are we truly prepared for the next bear market?