3 Reasons ETFs Are Safer Than Single Stocks If the Market Keeps Falling
After months of remarkable growth, the stock market took a turn for the worse in early September and is now veering into correction territory, meaning it's fallen by at least 10% from its most recent peak. And as the COVID-19 pandemic rages on and Americans face an uncertain upcoming election, there's a chance the market could become even more volatile in the coming months.
While it's uncertain whether a full-fledged market crash is on the horizon, it's a good idea to prepare your investments for the worst just in case. And if you're concerned about losing money, there are three reasons why you might want to invest in ETFs rather than individual stocks.
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Source Fool.com