Many investors lost money in the stock market last year, and the losses were undoubtedly substantial in some cases. Recession fears stemming from high inflation and rising interest rates dragged the Dow Jones Industrial Average, the S&P 500, and Nasdaq Composite into a bear market in 2022, and all three indexes produced their worst returns since the global financial crisis in 2008.

Fortunately, every past bear market has ended in a new bull market, and there is no reason to expect a different outcome this time. That means the next bull market is already on its way. To prepare, follow the example set by Warren Buffett and other smart investors.

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Source Fool.com