Should You Buy Stocks Now or Wait? Here's Buffett's Advice.
It's official. The S&P 500 has now entered bear-market territory. After peaking at the very start of 2022, the broad index has lost just over 20% of its value as of this writing.
A perfect storm of factors is to blame. Soaring inflation that's at a 40-year high, geopolitical turmoil, ongoing supply chain challenges, and a Federal Reserve that is aggressively raising interest rates have all scared investors from being optimistic to expecting a full-on recession in the near term. And the question of what to do from an investing standpoint is a pressing one.
In times like these, it's worthwhile to try and understand what an investing legend like Warren Buffett thinks we should do. Let's take a closer look.
Source Fool.com
