Always good businesses that will weather the likely storm and recover quickly. Find those ones at a significant discount to value, and don't put too much into one stock. If stocks get hit again, don't sell anything you have bought with confidence. Collect franked dividends, better than bank interest, while you wait for the recovery. An example: ARB Corp (ticker: ARP) If you had bought ARB Corp during the year leading up to the GFC, you would have almost certainly bought somewhere between $4.50 and $3.50. In the pits of the GFC, ARB Corp touched $2.50. During the years that contained the GFC (FY08, FY09), ARB Corp increased its earnings per share and dividends. Yield at the low of $2.50 was 6.6% ff In 8 months from the bottom of March 2009 the stock broke through its old pre GFC range, and went on to double its price in another 2.5 years. Each year it increased its dividend, including a massive special dividend in FY10.