Got $4,000? Then Invest It in These Cheap Dow Stocks
Being an investor over the past three months has been challenging. The panic created by the spread of the coronavirus disease 2019 (COVID-19) wound up pushing the benchmark S&P 500 to its fastest bear market in history, with the index taking just 17 sessions to lose more than 20% of its value. All told, the S&P 500 lost 34% of its value in 33 calendar days before retracing as much as 60% of its losses.
The near term continues to remain bleak, with more than 36 million Americans filing for initial unemployment benefits over the past eight weeks, and the official unemployment rate likely to rival the highest unemployment rate in U.S. history of 25%, set during the Great Depression. With no clear-cut end to COVID-19 in sight, uncertainty is still the name of the game.
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Source Fool.com
