and the S&P 500 dropped by more than 7%. Fortunately, I didn't panic or freak out at all. Instead, I logged into my Vanguard brokerage account and invested $10,000 primarily in index funds. After that, I shrugged and carried on as usual.not to pay attention to the stock market, and most of the time I succeed.
My husband and I normally invest the same amount every month, and usually within the first 10 days of the month right after we get paid. And yes, that's on top of the money we automatically transfer to ourWith dollar-cost averaging, you don't have to worry whether the price of your chosen investment is up or down. You simply invest the same amount every month at the same time of the month, then let market movements smooth out your purchase price over time.
Those days seemed like the end of the world, yet stocks have only increased in value over time. Plus, it's important to keep things in perspective. I would much rather spend my time and energy working to earn more money and enjoying the money I have. With that in mind, I keep investing around the same amount every month, and it's nice to not have to worry whether my timing is good or bad.Is it a good idea to invest right now? I reached out to several financial advisers to find out their thoughts, and the general consensus was that now is as good a time to invest as any. of investor you are.
I made 22% last week between buying at fire sale prices and taking premium on mispriced options. Even if those prices don't fully recover for 20 years, I'm only 25. I got that time.
Commissions, commissions...
Im sorry but monstera on the pic is dying due to drought, can someone save it
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »