Good time to get in the stock market?
For us real estate investors this is a good time to have rental properties while we watch others portfolios crash with the stock market.
Other than a moderately safe mutual fund I contribute to monthly and my 401k, I am not involved in trading stocks.
Do you guys think this is a good time to buy stocks while they are so low?
I made an account on Robinhood and found some stocks that seemed like good investments. BAC, V, FB, MPC and ET. If I invest 1k and they return to where they were before the virus, in a year it will give me a whopping $500 return. :/
I don't have the knowledge of the market to be comfortable investing 20k (hoping to make 10k in a year).
Are there any stock pros here that have any tips for someone trying to capitalize on the low stock prices?
Thanks in advance!