I think this coronavirus market crash is the perfect time to buy these 2 forever shares.
Why a market crash is the perfect time to buy shares
The best time to buy shares is when share prices are lower. Despite the recovery over the past few weeks, the S&P/ASX 200 Index (ASX: XJO) is actually still down by 23%.
What you need to remember with this market crash is that the Reserve Bank of Australia (RBA) interest rate is now at just 0.25%. That should increase the value of assets, all things being equal.
It's unclear how long coronavirus will be a problem for our health or economy, but on the other side we could see shares perform strongly.
So, this could be an opportunity to buy these two forever shares:
Brickworks Limited (ASX: BKW)
The businesses that can get through this period are the ones that will thrive on the other side.
Brickworks can trace its history back to 1934 when it was formed to get through the great depression. It has been going strong ever since.
Building products will always be important in Australia. Our major cities continue to grow and there is consistent urban renewal, where Brickworks' building products are useful.
It produces and sells a variety of different products including bricks, pavers, masonry, stone, roofing, precast, specialised building systems and cement.
The recent expansion into the US through acquisition was a smart move and it will likely help grow profit in future years.
The short-term may be rough for the construction industry, but for the long-term it looks promising.
In the meantime it's the 'investments' division and property trust that are delivering solid cashflow for Brickworks and allowing for continuing reliability of the dividend.
The Brickworks share price is down 33% since the market crash started. I think it's a great time to take advantage of the lower price. Until the growth returns, you can be paid a grossed-up dividend yield of 6.3%.
REA Group Limited (ASX: REA)
The owner of realestate.com.au has clearly been hurt during this with the volume of properties being sold dropping dramatically. Not good in the short-term.
But property sales will return at some point when the restrictions start lifting.
The way I think of REA Group is that it gets to take a slice of every property that's advertised for sale. It's a good way to get exposure to the property market without actually having to own property.
In the future REA Group will also earn a nice amount of profit from its stakes in international property sites in Asia and the US when they reach profitability.
The market crash has caused the REA Group share price to fall 27% from the pre-coronavirus price.
Foolish takeaway
These two quality shares are trading much cheaper than they used to and so it could be a great time to buy them. I think they would be even more attractive if the market fell again.
I'm particularly interested in Brickworks right now because its underlying assets are still providing cashflow and value. The building products divisions are just an awesome and free bonus right now.
