It’s been a tough year to watch especially if your portfolio is heavy on growth stocks.
Technology stocks, in particular, have taken an even larger hit.
It’s not easy to keep your emotions in check when you see the flood of red in your portfolio.
While scary, the good news is we are playing the long game, and such declines are just temporary for strong companies that have a robust competitive moat and good track record of performance.
PM Lee has warned of a possible recession in the next two years that may trigger a bear market, giving you a great opportunity to accumulate the stocks of strong companies on the cheap.
Below are three companies I would look to add if a bear market arrives.
1. ComfortDelgro Corporation Limited (SGX: C52)
The first is ComfortDelgro Corporation Limited, or CDG, Singapore’s land transport giant.
The group has a fleet size of about 35,000 buses, taxis and rental services....