aWanderingMind.Life

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...

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 grou...