2 Best Buffett Investments to Buy for the Long Haul
Since 1945 there have been 14 bear markets -- the last three averaging five months in length each -- resulting in stocks losing, on average, 36% in value during each bear market. The bad news is we entered bear market territory on May 20.
The good news is, if the last 100 years are any indication, the S&P 500 Index should rebound. Two ways to invest in that rebound are through the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) and Vanguard S&P 500 ETF (NYSEMKT: VOO), both of which track the index of large U.S. companies that make up the S&P 500. Buffett's belief in the S&P 500 is so strong that it led him to instruct his estate to put 90% of his money into the index for his wife when he dies.
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Source Fool.com
