Got $5,000? Here Are 3 Stocks to Consider Buying in October
It's a bit of an understatement to say that the stock market has been pretty wild this year. The S&P 500 index took a steep drop in March and then rebounded significantly in the following months, and is now up 15% over the past 12 months.
Tech stocks, in particular, have been at the top of investors' wish list as the pandemic has forced people to spend more time at home than ever before, using various technology products and services to get things done. But even tech stocks have experienced volatility, with investors selling off some of their shares at the beginning of September.
So where does all of that leave the market right now? Despite the unpredictability in stocks, investors shouldn't be scared of the market. Long-term investors understand that buying stocks, and holding them for years, is still a great way to build wealth -- no matter what has happened over the past few months.
Source Fool.com
