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Finance H ave you ever been in a serious car accident? Broken a bone? Experienced a bad concussion? Ever gone through a major surgery or fought back from a serious health problem or chronic condition? If you or someone close to you has been unfortunate enough to have suffered through any of these situations, you know that the road back to “normal” is a long one. As much as we’d like recovery to be a short, straight line, it’s usually full of twists and turns, and the occasional setback or detour along the way. Our investment portfolios can also become injured – some- times severely. And, just like with our bodies, nursing our portfolio back to full health takes effort, mental resilience and more than a little patience. It’s an important point to keep in mind as snowbirds experience the aftermath of the shockingly quick, shockingly powerful bear market brought on by the COVID-19 pandemic. But healing a hurt portfolio also requires something else: a plan. While no one can be sure how long any bear market will last (or indeed, if another one is right around the corner), one thing of which we can be very sure is that a portfolio doesn’t just heal itself. Having a well-thought-out and well-co-ordin- ated rehabilitation strategy for getting back on your financial feet will leave you feeling a whole lot more confident – and in all likelihood will probably perform a whole lot better in the months and years to come. With that inmind, let’s take a look at some basic things which you can do to heal your hurting portfolio, and put it back on the path for future long-term success. How to heal a hurting portfolio Repairing, rehabilitating and reconstructing your investment portfolio after a bear market By James Dolan 26 | www. snowbirds .org