2 Reasons Why Now Could Be a Great Time to Become a Long-Term Investor
Investing based on a meme or short-term trend can be dangerous because what's hot today may fall out of favor in a week or a month. The safer, more stable approach is to invest for the long haul and simply buy and hold. It's not an exciting strategy, but it's one that works, and it doesn't require staying on top of the latest hype.
Although the stock market appears to be volatile right now and the S&P 500 has fallen 5% year to date, this could be an ideal time to become a long-term investor for these two reasons.
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Source Fool.com
