Worried About the Stock Market? This Is Warren Buffett's Best Investing Advice.
When the markets start to panic, Buffett says that's when disciplined investors should pounce.
Overview
The S&P 500 is still within a stone's throw of its all-time high, but the Nasdaq-100 is nearly in correction territory. It's more than 9% below its high, which was last reached at the beginning of June.
The biggest offenders are semiconductor stocks. The VanEck Semiconductor ETF has fallen more than 20% in only a month and a half. Considering that a lot of investors are heavily allocated in these stocks as a result of the artificial intelligence boom, it's safe to say that some of them are in panic mode.
Details
But if you follow the advice of Warren Buffett, this could be a time of opportunity.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.