Stay the course - especially for a young person like yourself - plus now is a good buying opportunity for stocks (again for a young person like yourself) - don't try to outsmart this you'll probably lose more than you'll gain
@Papi - might be a good time to adjust your portfolio into defensive stocks or funds. You know, food, utilities, healthcare, tobacco, strip clubs... the stuff people will ALWAYS spend money on. Lol.
When we come out of this, and we will, a lot will change. Airlines, restaurants, hotels, cruise lines, movie theaters will take years, not months, to come back. Many will fail. Population will shift from urban environments, especially NY, to suburbs and red states. Home schooling and online learning will grow. Health care jobs will grow. Amazon will further dominate. Brick and mortar stores will be wiped out. The government will coerce, or force, jobs in critical industries to return to the US including pharmaceuticals and medical equipment. Innovation and technology will thrive in the medical industry.
Now is a good time to begin investing to anticipate these trends.
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Now is a good time to begin investing to anticipate these trends.
How does one? Juice's account has been hacked. lol.