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.
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.
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| S&P 500 Index - Image From Yahoo Finance |
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.
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