3 No-Brainer Stocks to Buy With $400 Right Now
As 2022 reminded the investing community, the stock market doesn't move up in a straight line. When the curtain closed, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite had respectively shed 9%, 19%, and 33% of their value. It was the worst return for all three indexes since the heart of the financial crisis in 2008.
However, short-term pain is usually a recipe for long-term gain. That's because every double-digit percentage decline in the Dow, S&P 500, and Nasdaq Composite throughout history (excluding the current bear market) has eventually been washed away by a bull market rally. It means long-term investors have the opportunity to buy stakes in innovative businesses at a discount.
Image source: Getty Images.
Source Fool.com