T - Got $5000? Then Invest It in These Cheap High-Yield Dividend Stocks.
For three months, Wall Street and investors have been taken for quite the ride. Panic surrounding the coronavirus disease 2019 (COVID-19) pandemic wound up pushing the benchmark S&P 500 to its fastest bear market in history, and it ultimately cost the index 34% of its value in a 33-calendar-day stretch.
While it's common for panic selling of this nature to concern investors, it's also important to realize that every bear market in history has proved to be an excellent opportunity for long-term-minded investors to put their capital to work. Though we don't know how long stock market corrections will last, or how long it might take for a new bull market to retrace everything that was lost during a correction, the fact remains that bull market rallies eventually always put bear markets into the rearview mirror.
Thus, your mode of thinking shouldn't be, "Should I invest"? Rather, it should be, "What should I be buying?"