55% of Americans Have Bought Stocks During Coronavirus. Here's Why You Should, Too.
The COVID-19 outbreak has definitely done a number on the U.S. economy, causing many people to lose their jobs and forcing over 100,000 small businesses to close their doors permanently. At this point, we're stuck in a recession that's likely to be with us for the remainder of 2020, and possibly well into 2021. It's for these reasons that a lot of people are rethinking their spending and trying to find ways to conserve cash.
But surprisingly, a large number of Americans are continuing to invest despite the shaky state of the economy. In fact, 55% of people have bought stocks since the pandemic started, according to a recent survey by Personal Capital, while 28% have purchased more stock than they usually would during normal times.
If you've yet to buy stock in the course of the COVID-19 outbreak, here are a couple of reasons to consider adding some to your portfolio in the course of the next few months.
Source Fool.com
