The way I see it, markets will bounce back... one day. So it's not such a huge loss in the grand scheme of sitting and biding my time. However, the real question becomes, when we reach the bottom, what do we buy? This is likely to make some once unattractive stocks seem attractive again.
At first I was thinking RIO or WPL, but those sorts of industries seem to have a lot of pressure on them currently that is likely to only increase over time, regardless of what side of the climate fence you sit on. But the flip side of that is that I can't imagine by 2050 we will have stopped building things or eradicated all combustion engines, so there will still be a need for the products those companies sell. Still, in light of this, does anyone have any ideas for industries/stock that gives a good return and this downturn might swing into a potential to buy that wasn't there a few weeks ago?