Stock markets have taken a battering as the ongoing coronavirus pandemic continues to rattle global economies. But some young people are taking it as an opportunity to kick-start their investing careers.
Even as the severity of the outbreak and its implications for markets began to unfold in March, another online platform Wealthsimple Trade recorded a 54% surge in new users and a 43% uptick in total trades. So far in April, the trading site has added new users at a weekly rate of 7,000. That can be a risky business. Generally, financial advisors recommend opting for diversified vehicles, such as passively-managed index funds or ETFs, which provide access to a full range of stocks. "Investors should always factor in balancing their investments between different regions, sectors and asset classes," noted Joel Carpenter, divisional director of marketing at St James' Place Wealth Management.
MakeIt Buy bitcoin
MakeIt A man in California was arrested three times over the course of 12 hours on Wednesday -- including for allegedly leading officers on a pursuit -- and was only given citations and released each time due to the statewide zero-bail policy amid the coronavirus outbreak
MakeIt Грустная новость
MakeIt People who have *strong* opinions about the market right now have probably never made any real money trading. You should pay more attention to those who are comfortable saying 'I don't know'.
MakeIt We were ahead of the trend 😤 JRAN
MakeIt Ticker SDS....
MakeIt The market flush is coming...
MakeIt Oh no!!! They’re going to get slaughtered... Stock trading is inherently difficult and high risk. Too many movies to much romanticism.
MakeIt
MakeIt the millenials are leftists too!
MakeIt 👀
MakeIt Say 'Good Bye' to Reason.
MakeIt It's great to see the DIY culture taking hold. That said, I'm hoping we see more of an investing mindset—there's a lot of casino-mentality at work, currently. Own high quality equities and don't sweat the small stuff. dividendgrowth
MakeIt They're about to lose their savings. If you play w/ fire you will get burned. Most of them are highly inexperienced in trading the markets and almost 💯 dont understand market signals due to them not being pro traders. The significant volatility in the market is dangerous.
MakeIt They’re buying their 5 shares of a weed stock from their momma’s basement
MakeIt The top is in...
MakeIt Joe Biden 2020 new President of the United States, unlike you Trump, who cares about the demise of all of America, society, and the economy.? !!! Biden struggles to correct your mistakes from Five Words?
MakeIt