S&P 500 Bear Market: Warren Buffett's 2008 Advice Still Holds True - News Summed Up

S&P 500 Bear Market: Warren Buffett's 2008 Advice Still Holds True


Stock prices have plummeted over the last six months, and many Americans are worried that a recession could be looming. Bear markets are buying opportunitiesIt may seem counterintuitive to invest when stock prices are at their lowest. However, after stock prices hit rock bottom in March 2009, the S&P 500 saw returns of nearly 70% over just the following year. Of course, every bear market is different, and there are no guarantees that the S&P 500 will see similar gains after this slump. If you can afford it, continuing to invest right now will pay off down the road.


Source: Daily Sun June 30, 2022 10:42 UTC



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