You'll need to have the stomach to tough out
bear markets, where your shares may halve in value or more — over the average 25 - year life
of a mortgage, you're certain to see two or three stock
market scares.
The Wall Street subprime loan crisis and bankruptcy
of Lehman Bros., real estate crashes in Ireland and Spain, the solvency
scare of Greece, and three separate
bear market declines in mainland China equities — repeat, three — all clawed at equity prices around the globe.