businesses and individuals during the Covid-19 crisis and amplified economic inequality. Money is transferred from traditional industry to tech stocks, growth start-ups to rich in cash giants, offline businesses to online businesses.
Don’t be Tricked by Short-term Market Moves
On the 20th of February 2020, you woke up and saw the markets have started crashing, triggered by the news about the novel corona virus, Covid-19. All the stocks kept going down everyday. Once they stopped going down and turned upwards, you’ll most likely buy with the fear of missing out and trapped in a dead cat bounce. Don’t!
A Question Worth Billions and its Answer
Every trader/investor would like to brag about how they have bought an asset cheap and sold expensive. However, everyone that has achieved real success in investing knows that it’s a useless game to catch the bottoms or tops in a market. In this article, we examine one of the methods real pros use: Dollar-Cost-Averaging.