Should You Invest in the Stock Market Right Now? Here's Warren Buffett's Advice.
It's generally agreed that investing in the best companies you can find and holding on for the duration is the best way to generate long-term wealth. Yet 2022 has been a year like no other, marked by ongoing COVID-19 scares globally, rampant inflation, soaring interest rates, a bear market, and an "is it or isn't it" recession. How can now possibly be a good time to invest?
If this financial cloud has a silver lining, it's this: Each and every bear market the financial world has ever known has eventually rebounded, giving way to a bull market. This means that while the current downturn is certainly nerve-racking, it will eventually turn, rewarding investors who stayed the course.
But don't take my word for it. Renowned Berkshire Hathaway CEO Warren Buffett has addressed the situation and even seasoned investors can still learn a thing or two from the Oracle of Omaha. In short, Buffett argues now is the time to invest.
Source Fool.com