How To Know It Is A Good Time To Invest

How To Know It Is A Good Time To Invest?
The COVID19 outbreak has affected all of us in some way right now. on the stock market or it is advisable to keep up with your regularly scheduled contributions to a no-pension investment account (also known as a brokerage account).

With the SandP 500 plummeting nearly 31% this month, the market has caught the attention of bargain hunters and regular investors alike this month. wonder if the coronavirus is an investment opportunity or a warning.


Consider investing in the stock market if ..
Whether it's March 2020 or the happy pre-quarantine period, the answer to “should I invest” depends on essentially the same facts.

1/Do you have any extra money?
If you don't have extra savings lying around, you probably don't have to worry about investing. Borrowing your short term goals to capitalize on a perceived investment opportunity is probably not the most important thing. a prudent decision, especially in volatile markets.

2/Do you need this money for something else in the next few years?
Yes years. Getting cash on the stock market in hopes of making a super-fast profit is not an investment, it is a gamble.

When you need the money to cover your (now overdue) tax bill, tuition fees, or the immediate costs if you suddenly lose your job, to say you would be reckless is an understatement.

Under normal conditions, the rule of thumb is an income: households have to keep essential expenses (food, mortgage, etc.) in cash for six to nine months, households with double earners around half. Cockroach.