Where to Invest $10,000 in This Bear Market

Being "greedy when others are fearful" is one of the more popular Warren Buffett quotes investors are likely familiar with. Well, with fears of a recession and inflation mounting, this may be the time to load up on some stocks. Valuations are crashing, whether stocks have good fundamentals or not. And for investors who can afford to hang on for multiple years, now can be a great time to buy.

A couple of stocks that look incredibly promising today include Innovative Industrial Properties (NYSE: IIPR) and Meta Platforms (NASDAQ: META). I've already bought one of these bargains this year, but both look like solid buys. Here's why investing $10,000 into either one of these stocks can generate thousands in profits for you in a year or two.

What I really like about Innovative Industrial Properties (IIP) is that it gives investors the ability to collect a high dividend without sacrificing growth potential. Its 6.3% yield is high (the S&P 500 averages 1.7%)and it isn't unaffordable. The real estate investment trust's free cash flow over the past few years has been growing and is sufficient to cover its dividend payments:

Source Fool.com