Six months ago, a global pandemic began to spread around the world, taking almost 750,000 lives and shutting down the U.S. economy. Meanwhile, the stock market experienced the fastest drop in market history and fastest snapback. Incredibly, it took only 126 days to get back to the new all-time highs. Now what?
Some investors with a stash of extra cash may be thinking about how and when to enter the stock market during this volatile market environment. Here are some options.
With college closures, refunds for tuition, room and board fees are coming. You are able to return the money to the 529 plan and avoid the taxes and penalty on the refund with the following steps.
With the COVID-19 epidemic sweeping the globe, healthcare’s critical role in developing innovative new drugs, devices, delivery systems etc. for massive unmet needs is refueling investor interest.
It’s understandable that investing nerves are frayed. While the storm is very dark now, recoveries can happen very quickly. Time is the most powerful equalizer and markets have always recovered.
A bear market was made official last Thursday when the S&P 500 quickly fell below the -20% drop threshold. In the weeks leading up to the bear market and the past couple of days, volatility has raged with many investors asking how much worse could it get and is this the market bottom?