Many people are rushing to invest in the stock market during this crisis in the hopes of ‘making a quick buck’.
Online stock trading platforms have seen a surge in demand in recent months as investors seek to take advantage of undervalued equities. However, the market is likely to trade sideways in the near term. A lot of people are at home and have got more time on their hands. And many individuals have lost their jobs and are looking for new opportunities.
The advent of online investment platforms has made it easier than ever for people to buy stocks in individual companies.
Billionaire investor Howard Marks said there is a sharp disconnect between the stock market and the reality the world is facing amid the coronavirus outbreak.
“We’re only down 15% from the all-time high of Feb. 19,” Marks, co-founder of Oaktree Capital Management, said recently on CNBC’s “Halftime Report.” But “it seems to me the world is more than 15% screwed up.”
“It took seven years to get back to the 2000 highs in 2007,” Marks said. “It took 5½ years to get back to the 2007 highs in late 2012. So, is it really appropriate that, given all the bad news in the world today, we should get back to the highs in only three months? That seems inappropriately positive.”
In this training video, Dr. Nitin Chhoda outlines his investment strategy, and what NOT to do during good times, and bad.
