Is a Market Crash Near? 2 Stocks to Buy if It Happens
Market crashes are unavoidable. That's true for even the best stock pickers and the brightest asset managers. Since 1928, the S&P 500 has dropped 10% on 54 different occasions -- that's once every 1.7 years. Put another way, the next big drop is probably less than two years away, though it's impossible to predict the exact timing.
Investors shouldn't fret, though. Every past market crash has one thing in common: They have all ended with the market hitting new highs. In other words, downturns in the market tend to be buying opportunities. That's why investors should keep a watchlist and a little cash in their portfolios.
For instance, I plan to buy Lemonade (NYSE: LMND) and salesforce.com (NYSE: CRM) during the next market crash. Here's why.
Source Fool.com