Got $300? 4 Great Stocks to Buy in a Volatile Market
Investing in 2020 has been challenging, to say the least. In a roughly six-month stretch, the stock market plunged at a faster pace than ever before, as well as rebounded to new highs more quickly than it's ever done. We expect moves like this about once a decade, but not crammed into a couple of months.
But just because equities have firmly put the March 23 coronavirus crash low in the rearview mirror and kept alive a streak of erasing all bear market declines throughout history, we haven't seen the end of volatility. The unemployment rate is still historically high, there isn't any certainty when it comes to a coronavirus disease 2019 (COVID-19) vaccine, and we have an election upcoming in less than seven weeks that also provides no guarantees at the moment.
However, volatility doesn't have to be your enemy. It can actually be your ally if you have a long-term investing horizon and a desire to buy high-quality companies at a perceived discount.
Source Fool.com
