3 Reasons to Buy Stocks Right Now
The stock market's sharp drop earlier this year likely spooked many investors. Between Feb. 19 and March 23, the S&P 500 lost more than a third of its value. This put an abrupt end to the longest bull market in history, which lasted between 2009 and early 2020. The sudden crash after a prolonged bull market likely rattled many investors, causing them to question the long-term prospects of stocks overall.
But the overall stock market has rebounded sharply from lows in March. While a huge and rapid upward movement since then has benefited those who were adding to their positions when fear surrounding the coronavirus and its impact on the economy peaked, more cautious investors who opted to stay on the sidelines during this time may be feeling like they've missed their opportunity to buy stocks at lower prices.
Is this still a good time to invest in stocks? Or have investors missed their chance to buy stocks and profit?
Source Fool.com
