ALXN - Got $200? Here Are 3 Smart Stocks to Invest in Now
Though volatility never officially goes away, this has been a year unlike any other for Wall Street and investors. We've witnessed a good decade's worth of volatility crammed into the past five months as the CBOE Volatility Index hit a record high and remains at levels that are well above its historic average.
But if there's good news here, it's that the panic and fear often associated with volatility offer opportunity to patient investors. Long-term investors seeking to buy game-changing businesses can often do so at discounted prices during periods of heightened volatility. And the best part about investing in the stock market is that you don't need to have vast amounts of wealth to get started.
Lower initial deposits and the ability to purchase fractional shares with some brokerages means that if you have, say, $200 in spare cash that won't be needed to pay bills or cover emergencies, you have more than enough to kick-start your financial independence. If you have $200 that can be put toward investments right now, here are three of the smartest stocks to buy.