The Market Is Crashing! Is It A Good Time To Invest?

Wealth inspiration part 30.

image by Pixabay on pexels

With the S&P 500 down around 15% this year, most investors are holding tight or selling.

But the world’s greatest investor, Warren Buffett is buying. Why?

Today’s quote from Warren Buffet himself will shed some light on the situation:

“The best chance to deploy capital is when things are going down.”

I thought this quote was timely as Buffett is finally starting to deploy some of that huge pile of cash he has been sitting on for years.

As per this article by Barron’s, here are some of the recent purchases by Buffett:

• Chevron — $17 billion
• Occidental Petroleum — $7 billion
• Alleghany Insurance — $11.6 billion
• Activision Blizzard — $4.5 billion
• Hewlett Packard — $4 billion
• JP Morgan, Goldman Sachs, Apple — $9.7 billion

Well, back to his quote. The best time to deploy capital is in a down market.

Your return on stocks is directly linked to the price you pay. If you pay less, your return will be higher.