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The Market Has Recovered to Pre-COVID Levels… Should You Still Invest?
By Seedly  •  June 19, 2020
The COVID-19 pandemic has been a difficult time for many of us. We all wish for a return to normalcy and to go back to the activities we all enjoyed before the virus hit our countries and communities around the world. new-york-city But for Mr Market, it looks as if COVID-19 is already a thing of the past. Since its bottom in March 2020, the S&P 500 has rebounded 39.7% (as of 16 June 2020) and effectively reversed all its year-to-date losses in the span of just 11 weeks. s&p 500 recovery pre covid levels During the COVID-19 crash, we wrote an article about how you could safely invest in the stock market during the COVID-19 crash. But if you missed out on the COVID-19 crash and the subsequent rebound, the question right now is: Can you still invest? Well, the answer is not a simple yes-no reply and there are a few things you need to take into consideration before you invest in the market at this point in time....
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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