Coronavirus Market Selloff: Should You Buy Stocks Right Now?
The past several weeks have tested the mettle of even the most experienced investor, with the ongoing uncertainty brought on by the outbreak of illness caused by the COVID-19 novel coronavirus. Since the market began its descent in mid-February, all of the major U.S. stock market indexes have fallen firmly into a bear market, each losing about 30%.
This raises a question that is surely on the mind of many investors: Should I buy stocks right now?
I believe the answer is "yes." It's important to note that equities may still have further to fall and things will likely get worse before they get better, but it isn't necessary to catch the exact bottom of the market in order to be wildly successful.
Source Fool.com