Disclosure: Nothing in this blog should be taken as investment advice. Do your own research. This blog is supported by advertising and affiliate links... Links to products and/or services on this blog may include links to affiliate programs that provide commissions to this blog. All of the content in this blog is 100% my own opinion.
The crash of the stock market over the past few days is a buying opportunity like every other market crash that I have seen, but failed to participate in.
Each time, the market recovered.
Each time, the stocks that were most beaten down for no apparent reason, other than fear, recovered.
The best stocks to buy (and own) during times like these are dividend stocks.
This is because if dividends are distributed during downturns, and set to be automatically reinvested, you will eventually profit from Wall Street’s gyrations.
The ups and downs in the market are normal. Indeed, the run up over the past year has been insane in many ways…
Past returns are no guarantee of future results… But.
America is a fantastic country to live and invest in…
And a capitalist economy is the worst type of economy to have (except for all others that have been tried)1