Motley Fool co-founder David Gardner is a respected stockpicker, he has managed to identify a number of shares early that went on to become giants such as Amazon and Netflix.
David Gardner, along with Chris Hill, recently featured in a video called "How to Invest in a Bear Market". It's a good watch, particularly if you're worried about the ongoing share market falls.
Here are two of his main messages:
Stick to your plan
Volatility can seem scary. It can make you want to get out, or at least not want to invest. The thing is it's going to be impossible to predict the bottom. A month later things could go lower, or they could go a lot higher.
David Gardner's advice is to just keep investing during this period. He invests every two weeks like clockwork into his best ideas. If you invest once a month then keep doing that. Just make sure you keep investing.
If you have a large pot of money and you are thinking about investing then split it into pieces, perhaps three parcels or five parcels or a number you'd find most comfortable so that you're not missing out on bargains but not going too soon either. David Gardner said invest the first parcel this week, you could then invest some more in a couple weeks or a month later.
Have a plan. Stick with it. The GFC was a great opportunity to buy shares and this could be great too.
Focus on the winners
David Gardner's strategy has always been to find and stick with the winners. Your money needs to be working as hard as it can, so why settle for mediocre ideas?
Winners tend to keep winning. It's the businesses that create an excellent brand and an excellent economic moat that tend to do best over the long-term.
In the video he names a few US shares that he likes, such as Zynga.
For me, quality means shares like Altium Limited (ASX: ALU), Pro Medicus Limited (ASX: PME) and A2 Milk Company Ltd (ASX: A2M).
Foolish takeaway
I think David Gardner offers great advice during this time. Keep investing, which is exactly what I plan to do and I may buy something today.
