Stock Market Correction: The Smartest Stocks to Buy With $100
Over the past month, the stock market has sent a stern reminder to the investing community that equities can go down just as easily as they can rise. The double-digit percentage declines in the benchmark S&P 500 and growth-dependent Nasdaq Composite represent the biggest drawdowns for both indexes since March 2020.
However, all crashes and corrections in the major indexes have historically been an excellent opportunity to buy into great businesses at a discount. This is especially true if you're a long-term investor.
Best of all, with most online brokerages eliminating commission fees and minimum deposit requirements, any amount of money -- even $100 -- is the perfect amount to put to work during a correction.
Source Fool.com
