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26 Smartest Ways To Invest Your Money During the Pandemic
By Jaime Catmull of GOBankingRates |
While the overall economy is still suffering from the coronavirus pandemic, the stock market already has bounced back. After bottoming out in March, the Dow Jones Industrial Average and S&P 500 each had jumped more than 50% by mid-August, ABC News reported. But is the market due for a downswing? And are stocks a good choice for every type of investor? What might seem like a good investment for you might be too risky or too safe for someone else.
In general, the most conservative investments offer the lowest returns but protect your initial investment. As you move up the risk ladder you take on greater price volatility in exchange for potentially higher long-term returns. Cash investments are the least risky, followed by bonds and stocks.
Bold Stock Market Predictions for 2021 gobankingrates.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gobankingrates.com Daily Mail and Mail on Sunday newspapers.