Worried About Investing in a Recession? Take This Advice From Warren Buffett.
The stock market has been on a wild ride lately, and Americans aren't enjoying it. In fact, a Gallup poll taken at the end of April 2020 revealed just 21% of people think stocks or mutual funds are the best long-term investment. This was the lowest level since 2012. And that was well before it was announced that the country had officially entered a recession.
If you're concerned about buying stocks now, you aren't alone. But you may also be making a big mistake as a recession is as good a time to invest as any -- or perhaps an even better one.
Don't take my word for it either. Heed the advice of the Oracle of Omaha, as Warren Buffett, one of the world's best investors, has a lot to say about investing in troubled times. Here are some pearls of wisdom to take to heart.
Source Fool.com