Where to Invest $10,000 in a Bear Market
Now is a great time to buy stocks. The market has been super-negative over the last couple of months. The war in the Ukraine and rising interest rates are two of the primary culprits, along with our COVID-19 malaise. This has made stocks a lot cheaper, and you can find some amazing bargains.
Shopify (NYSE: SHOP) is a steal right now, at 60% off its highs from November. Sea Limited (NYSE: SE) has had a similar drop, down about 60% in the same time frame. That's the first thing I'd do: Buy shares of these two internet stalwarts. Even if they get cheaper in the near term, they will absolutely crush the market over the rest of the decade.
But I also have some ideas that are specific to 2022 and the bear market we are in. So in my hypothetical portfolio, I would also open positions in Vir Biotechnology (NASDAQ: VIR) and W&T Offshore (NYSE: WTI). Here's why I like these four stocks.
Source Fool.com
