Warren Buffett says he's seen bargain buys in 50 out of 60 years. And today's crummy market is no different. There are several strong, undervalued companies among the market rubble.
As The Motley Fool points out in the article on Buffett and the bear market, don't fret that the S&P 500 is down 40% year-to-date. Look at the long term. Historically stocks outperform almost every other type of investment vehicle over the long haul. So you should only panic if you've got a cash flow problem and you're forced to sell your holdings while they've taken a beating.
On the other hand, now's a perfect time to invest in Buffett-like stocks while share prices are very attractive. If you can afford to go without the cash for 5 or 10 years, you might want to consider buying some Buffett-like stocks.
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