When stock prices fall, all that is happening is that they are being sold at a discount
before you panic sell out of your shares, know that the market will eventually recover and you aren't out of money until you sell.
I know it is frustrating to see (I've had 5 years of gains wiped out as well), but just stay invested and if you can buy more, buy more in the next few days.
When stock prices fall, all that is happening is that they are being sold at a discount
With OPEC and corona driving the market, it's crazy atm
Although T-Bill options were on fire with the fed cutting rates
Keeps falling lower and lower
perfect for new buyers to buy in and make good money once it recovers. Just dont pick shitty companies to invest in
What stocks we should invest atm with the fall?
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That's not bad airline tocks are dirt cheap and it'll eventually recover if you don't mind sitting on it.
I been looking at the cruise industry and also the US gas industry. 5k in cruises and 5k in gas
If you're picking a stock in this current situation, the best thing to do is make sure you invest in a solid company.
I would be weary of investing in recovery stocks. This meaning companies that were hit hard during covid (airlines/oil/retail). Yes you can buy them for cheap right now but if we have another wave of corona will these companies survive to tell the tale? They are already hurting because their earnings were slashed. Think a vaccine will solve everything? Reality is even if a vaccine makes its way out, people are too afraid to take it immediately. May be a years time before people are comfortable taking a vaccine. One case of a person reacting negatively to a vaccine is all it takes to create mass scare.
My key point is look at companies that have been growing during the pandemic and have simply had a pullback due to elections/lack of stimulus. These are the companies that will come out stronger if news of stimulus and those that won't falter as hard if corona sweeps us again.
trump got covid.. stock will down?
Keep an eye out for companies that are investing in coronavirus testing. They will rise considerably overtime.