A Bull Market Is Coming: Warren Buffett's Investing Advice Could Help You Make Money
The S&P 500 (SNPINDEX: ^GSPC) has rebounded sharply from its bear market lows as signs of economic resilience have revitalized investor sentiment. Indeed, after declining as much as 25% last year, the benchmark index is now 6% from a record high. In other words, the S&P 500 is on the brink of bull market territory.
That milestone is important because the rising tide of a bull market can be very lucrative for investors. The S&P 500 returned an average of 259% during the six bull markets that have taken place in the last five decades. But investors hoping to turn a profit in the next bull market need to know where to put their money, and Warren Buffett is a good source of inspiration.
Buffett once said, "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." Here's what that means.
Source Fool.com
