Skip to main content

2020: Imminent Stock Market Crash

I believe everyone should be investing in the stock market, and now is an interesting time be a stock market investor. The barrier of entry is at an all time low with new companies like Robinhood and Webull making it possible for investors to trade commission-free. These sites also give out free stocks to new members that sign up using a referral link like mine. Plus, with Robinhood introducing new features like cash management and fractional shares, you do not need a lot of money to get started. With, the right mindset, great decision making, and proper research, one could conceivably turn as little as one dollar into thousands over time.
   
S&P 500 Index - Image From Yahoo Finance
The S&P 500 is up over 60% over the last 5 years and is already up over 2% as of January 17th 2020. It seems like we may be off to another great year. However, The are articles all over the news about an imminent crash in the stock market. While a large group of people fear loosing the large sums they've made in the last few years, others fear taking profits and selling, and meanwhile, the stock market continues the bull run through 2020.

I'm not a professional. I'm just a guy sharing his opinion on the internet, but I do know that regardless of what the stock market does, as investors, we need to keep our emotions out of our trading decisions. Investing in the stock market is risky, and at the end of the day, do not let others dictate what you should do with your money unless they're your professional financial adviser. I personally plan on selling and taking profits. My risk tolerance is pretty low. I would much rather take multiple 5% gains than wait for that 50% gains. If you have a different strategy, or thoughts on the "upcoming crash", I'd love to hear about it in the comments.     

Ultimately, no one know what the stock market is truly going to do. The mere fact that everyone is expecting a crash may cause it. Everything may continue in an uptrend for 2020. Do keep in mind though, a bull market will not last forever.
Labels:

Comments

Post a Comment

Popular posts from this blog

Making Money During a Bear Market: 5 Stocks I’m buying now

Stocks & ETF’s I’m Buying During The Market Crash of 2020 As you all know, the stock market has been hit hard by the corona virus, and many have been wondering, “Why is the stock market crashing?” Why is the stock market crashing? 1) The stock market was well overdue for a correction. People have been seeing company evaluation rise and rise, and unfortunately, many were under the impression that it would go on indefinitely. That is not the case, the market has cycles of bull and bear markets. Bull markets typically lasts about 10 years, and are then followed by a bear market that can last a few months, up to a few years. It was just due to happen. 2) Coronavirus : Due to China and other countries essentially shutting down, that has caused a huge disruption in production lines. Many events are being cancelled, and this is causing a lot of fear and uncertainty. People are freaking out and selling off their stocks thinking the economy is going to tank, which in turn, c...
7 comments
Read more

What are Non-Fungible Tokens (NFT's)?

Non-Fungible Tokens A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright. In simpler terms, when you mint an NFT, it is recorded on the blockchain, and any subsequent transfers to another party is also recorded on the blockchain allowing everyone accessing the blockchain to see who currently owns the NFT. Artists can also have the option of choosing to add a royalty payment as part of the fee for subsequent sales. For example: If <insert name of artist> mints a token and lists on the marketpl...
Post a Comment
Read more

How To Make Money Flipping NFTs

* Source: aWanderingMind.Life . The world of Non-Fungible Tokens (NFTs) is a rapidly evolving landscape, filled with a multitude of opportunities for profit. In this burgeoning digital asset space, one method that is steadily gaining popularity among enthusiasts is the act of "flipping" NFTs. This practice, akin to flipping real estate in the physical world, involves purchasing digital assets at a low price and then reselling them at a higher price. The goal is simple: to leverage market dynamics and earn a profit from the price differential. Platforms like OpenSea.io have emerged as popular marketplaces where this strategy can be employed, providing a user-friendly interface and a large user base that facilitates the buying and selling of NFTs. Understanding the strategy of NFT flipping, however, requires a closer examination. How do you identify which NFTs to flip? How can you discern between a valuable digital asset and one that is unlikely to yield a profit? One approach...
1 comment
Read more