Should You Still Invest During a Stock Market Downturn? It Depends on This One Question.
Stocks have been incredibly volatile in recent weeks, and despite the most recent market rally, many investors are feeling pessimistic about the future as recession risks increase. However, as daunting as times like these are, there's also a silver lining: Stocks are on sale.Stocks have been incredibly expensive the last few years as the market surged. In the past five years alone, the S&P 500 (SNPINDEX: ^GSPC) is up by close to 100%, as of this writing. That's fantastic news for investors, but it also means that buying into the market has been costlier than ever.Now that the market is tumbling, savvy investors are keen to take advantage of those lower prices and snag stocks at a discount. Although that can be a smart way to build long-term wealth, it won't be right for everyone. Before you buy, ask yourself this one question to decide whether it's safe for you to invest right now.Continue reading
Stocks have been incredibly volatile in recent weeks, and despite the most recent market rally, many investors are feeling pessimistic about the future as recession risks increase. However, as daunting as times like these are, there's also a silver lining: Stocks are on sale.
Stocks have been incredibly expensive the last few years as the market surged. In the past five years alone, the S&P 500 (SNPINDEX: ^GSPC) is up by close to 100%, as of this writing. That's fantastic news for investors, but it also means that buying into the market has been costlier than ever.
Now that the market is tumbling, savvy investors are keen to take advantage of those lower prices and snag stocks at a discount. Although that can be a smart way to build long-term wealth, it won't be right for everyone. Before you buy, ask yourself this one question to decide whether it's safe for you to invest right now.
