This bear market probably has you asking yourself a lot of questions about your past investment decisions and how to prepare your portfolio for the future. But your biggest question may be a pretty simple one: Should I really buy stocks right now?

That's because it can be a little scary to see broad market indexes and shares of strong companies falling by double-digit percentages. True, those declines have left many companies trading at dirt-cheap levels. But the natural concern is that they may drop even further.

At times like these, it's a good idea to listen to the wisdom of great investors who have successfully navigated many market downturns. In particular, I recommend heeding 16 key words from billionaire investor Warren Buffett.

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Source Fool.com