If you want to build a portfolio and invest for retirement, should you buy more stocks during a financial crisis?
To many novice and professional investors alike, it sounds like a good idea. After all, stocks always go up higher in the long term, right? So buying stocks at a hugely discounted price seems to make total sense. But in practice, it is not so straightforward. I will explain to you why.
#1. You will miss the boat most of the time
2020 started the year with some interesting notes. With the deteriorating global economic data and increasing middle east tension, many “experts” are predicting that it is going to be the start of the next recession. Just google “2020 financial crisis” and you will see whole loads of articles about it.
But wait a minute, I’ve heard this every year since 5 years ago. If you google