yes 

Bear market is bad and it depends on a variety of factors, including individual circumstances

A bear market refers to a period of prolonged decline in the prices of a financial market, usually characterized by a drop of 20% or more from recent highs. It is the opposite of a bull market, which is characterized by rising prices and optimistic investor sentiment. In a bear market, investor confidence is generally low, and there is a prevailing pessimistic outlook on the market's future performance.

A bear market refers to a period of prolonged decline in the prices of a financial market, usually characterized by a drop of 20% or more from recent highs. It is the opposite of a bull market, which is characterized by rising prices and optimistic investor sentiment. In a bear market, investor confidence is generally low, and there is a prevailing pessimistic outlook on the market's future performance.

Imagine a bear market like a downer party. It's when stock prices take a nosedive, usually over 20% drop from their peak.