I'm Buying These 2 Resilient Stocks During a Bear Market
There's an old saying in real estate investing, "You don't make your money when you sell, you make it when you buy." While that's generally used as a real estate quote, it applies quite nicely in bear market environments. In fact, some of the best investment returns I've ever achieved were from shopping for resilient businesses during the initial COVID-19 pandemic crash.
It's always important to be selective. This is not a great market environment for unprofitable businesses that might need to raise capital, for example. However, buying businesses that are well-positioned to make it through the tough times and grow on the other side can be an excellent way to create long-term wealth. With that in mind, here are three stocks that I've been buying recently in my personal portfolio.
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Source Fool.com