Why This Basic Materials Stock Will Thrive During a Recession
It's a fact of life when investing that stock market corrections and crashes happen, with 26 bear markets occurring since 1928. While they've become rarer since the end of World War II, happening only about once every five years or so on average since 1945, the S&P 500 has once again dipped below the 20% threshold.
Investors should take heart because that's the best time to buy stocks. Bull markets follow bear markets and they tend to last much longer (over four years compared to just nine months for market downturns). It's why Warren Buffett once noted, "Be fearful when others are greedy, and greedy when others are fearful."
Image source: Getty Images.
Source Fool.com