The stock market has been volatile in the past few months due to the coronavirus pandemic and other factors. That concatenation of bad news poses two challenges for investing pros: How to determine the best investments right now, and when to make them. Luckily, the answer is, “Well, this is my mission on earth right now.”
One of the best investments right now is to buy stock that have recently experienced a significant drop in their stock price. This is because these stock are now trading at a discounted price, making them attractive investments. The key is to identify stock with strong fundamentals and long-term growth potential.
Another great investment option right now is to buy stock with a track record of consistent dividend payments. Dividend stock can provide investors with steady income, even during times of market volatility. The key is to look for stock with a dividend yield of at least 4%.