Keeping this post short and simple…
So with the crazy pandemic currently unfolding in front of our eyes we have seen some crazy things happening in the markets. Stocks plummeting and it seems like there will be no end. Well, guess what? It will end. Once the U.S. gets a hold on the situation and gets it under control, we will see the market begin to slowly recover. What does this mean for investing?
Well, it means that if you, like me lost a lot in the stock market, don’t fret! Just like in 2008, it will recover. Now is the time if you have some spare cash (not your emergency fund) to start investing more into the stock market. It may continue to tank a little longer or it won’t. Pay attention to the market and trust yourself. Don’t over analyze and not invest.
I am at a point where I just purchased an investment property and do not have spare cash to invest. I am leaving my emergency fund in tact but I may take from some of my other savings to get in while it’s low.
If you have cash to spare, now is the time to invest it! If you’ve never invest before and don’t know where to start, download Robinhood or Webull and use my referral code. You will get a free stock just for joining.