Got $10,000? 5 Perfect Stocks to Buy Right Now
What a difference 17 months can make. In March 2020, during the initial wave of the coronavirus pandemic, the benchmark S&P 500 sank by 34% in roughly a month. It was, by far, the quickest decline of at least 30% in its history. Yet, it took this widely followed index less than 17 months to double in value from its March 23, 2020 bottom. That's the power of buy-and-hold investing in action.
No matter how close the S&P 500 and other respective indexes are to new all-time highs, it's always a good time to put money to work in the market, as long as your investing timeline is measured in years.
With this being said, if you have a healthy $10,000 in cash for investments, which won't be needed to pay bills or cover emergencies, the following five stocks would be perfect to buy right now.
Source Fool.com
