2022 was the worst year for the S&P 500 and Nasdaq Composite since 2008. And while investors may have little dry powder left to buy stocks now, the dawn of a new year provides a refreshing opportunity to brainstorm.
If you're a net saver who regularly sets aside cash and invests new funds into the stock market, a prolonged bear market can provide an extended sale that allows you to scoop up shares of your favorite stocks and exchange-traded funds (ETFs). By holding through periods of volatility and dollar-cost averaging into the stock market (even during bear marks), you can accumulate more shares with the same amount of money.
The best chance of outlasting a bear market is by investing in quality businesses at attractive valuations. Netflix (NASDAQ: NFLX), Brookfield Infrastructure Partners (NYSE: BIP), the SPDR S&P Biotech ETF (NYSEMKT: XBI), Amazon.com (NASDAQ: AMZN), and the Vanguard S&P 500 ETF (NYSEMKT: VOO) stand out as compelling buys now. And together, this basket offers a blend of growth, value, and income just in time for the new year.
Source Fool.com