Here's Where to Invest $3,000 in a Nasdaq Bear Market
This has been one of the most challenging years on record for Wall Street and the investing community. Since all three major U.S. indexes hit their all-time closing highs, the Dow Jones Industrial Average, S&P 500, and growth-dependent Nasdaq Composite have respectively tumbled by as much as 19%, 24%, and 34% through June 20, 2022. With declines that are now well in excess of 20%, the S&P 500 and Nasdaq Composite are mired in a bear market.
Although bear markets can be scary for the uncertainty they bring to the table, they also represent a unique opportunity to buy into high-quality stocks at a discount. Even though we don't know precisely when a bear market will begin or end or how steep the decline will be, history is quite clear that all notable declines, including in the Nasdaq, have eventually been cleared away by bull markets.
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Source Fool.com
