Best Investments During Stock Market Crash
As people around the world begin to understand the full economic impact of the coronavirus , global stock markets have crashed after over a decade of gains. While this is a tough moment for long-term investors, it is important to remember stock market crises have happened before. A big drop in the stock market is jarring to new investors, but experienced investors who have been through bear markets in the past know the secrets of success. Beginner and experienced investors often react differently when the market tanks. You have plenty of emergency savings. You should always aim to have enough money in the bank to cover three to six months of living expenses, with the latter end of that range being more ideal. If you're there and have extra money at your disposal, then you can feel free to invest it. If not, be sure to build a solid emergency fund first. Consider buying more After a stock market crash, the stock market goes on sale, and you can benefi...