I'm Sitting On a Mountain of Cash: 4 Brand-New Stocks I'm Looking to Buy Next
Unless you're a short-seller, this has probably been a difficult year. The major U.S. stock indexes all plummeted at least 20% from their respective highs, which is the requirement to be labeled a "bear market." Were the year to end right now, I'd be looking at my worst performance, on an unrealized basis, in about a decade.
But the thing about bear market declines is that they've always represented once-in-a-decade, if not once-in-a-generation, buying opportunities for patient investors. Those who have cash at the ready, which won't be needed for emergencies or to cover bills, have the potential to buy into game-changing businesses at prices that may not be seen again.
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Source Fool.com
