3 Top Stocks That Will Make You Richer in Q2 (and Beyond)
This year (2020) is quickly going down in the record books as one investors will never forget. Following an 11-year bull market run, we watched as a new bear market instituted itself in less than four weeks, marking the steepest downtrend into bear market territory in history for all three major U.S. indexes.
We've also witnessed unprecedented measures designed to fight the spread of the coronavirus disease 2019 (COVID-19). With more than 716,000 confirmed cases worldwide as of midday on March 29, select U.S. states have joined other developed countries in shutting down nonessential activity to "flatten the curve" and ensure that their respective healthcare systems don't become overwhelmed. It's this slowdown in economic activity that has Wall Street on edge.
But the silver lining among all of this is that this, too, shall pass. Eventually every bear market and stock market correction in history have been completely erased by a bull market rally. There's no telling how long COVID-19 could be an issue, or how far the U.S. stock market could fall. But what we do know is that if you buy high-quality companies and hang on to them for lengthy periods of time, you have a very good chance of generating real wealth and outperforming all other investment vehicles.
Source Fool.com