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February 10, 2021 4:49 AM newsfeedback@fool.com (Maurie Backman)
Posted:
Updated:
February 11, 2021 10:55 AM
If you’ve been keeping tabs on the stock market, it’s hard to overlook the fact that we’re in a bubble. Stocks are generally overvalued right now, which means eventually, we’re apt to see that bubble burst.
But that may not happen for a bit of time, so it’s important to know what to do while we’re still in bubble territory. Here are a few key moves worth making right now.
Image source: Getty Images.
1. Keep buying stocks
That’s right you don’t have to let inflated stock prices keep you from buying. What you do need to do, however, is choose the right companies specifically, those with the potential to hold steady once that bubble pops. Focus on companies with a clear competitive edge and businesses that continue to innovate.