SSRM - 3 of the Smartest Stocks to Invest in With $100
It certainly hasn't been the easiest slog, but we've done it, folks. We've reached the second half of 2020, and it only took what felt like five years.
There's little question that the coronavirus disease 2019 (COVID-19) pandemic has completely altered the way we, and businesses, interact. We've watched more than 20 million people lose their jobs and the broad-based S&P 500 scream to a 34% loss in a matter of 33 calendar days. That's the fastest and steepest bear market correction in the stock market's history.
But even among the market's darkest days, there's always light at the end of the tunnel for long-term investors. Since the stock market found its bottom on March 23, the S&P 500 (at one point) regained more than 80% of its losses, with the technology-driven Nasdaq Composite hitting fresh all-time highs. Though the volatility has been somewhat nauseating at times, the value of long-term investing is undeniable.