牛市中，遇到回调怎么办？｜投资小知识

Group 1 - The article discusses the characteristics of bull and bear markets, highlighting that bear markets often experience prolonged declines while bull markets tend to have sharp corrections followed by gradual recoveries [2][3]. - In a bull market, significant price increases are often followed by market pullbacks, typically occurring in a pattern of advancing and retreating phases [4]. - The difficulty of timing the market is emphasized, as missing a few key trading days during a rally can significantly reduce potential returns [5]. Group 2 - The article notes that the magnitude of market pullbacks can vary, with some being minor while others can exceed 10%, leading to potential missed opportunities if investors attempt to time their re-entry [7]. - It explains the formula for index fund performance, which is influenced by valuation, earnings, and dividends, with valuation primarily affecting short-term returns and earnings impacting long-term performance [8].