The stock market is a powerful wealth building machine. If you invest in healthy companies and solid stocks, you can build a fortune that will last a lifetime. In fact, Forbes recently released a list of the 10 best stocks to invest in right now. You’ll notice that Berkshire Hathaway (A shares) didn’t make the list. That’s because it’s a bit risky.
Despite the current downturn, investors should invest in stocks that have a strong growth potential. Investing during the downturn can give you significant returns once the market recovers. For example, a 70% return is possible with the S&P 500 tracking index over the next year. And if you’re worried about investing but don’t have a large chunk of cash, you can still invest – you just can’t afford to leave your money in the market right now.
In addition, investors should invest in established companies. Established companies tend to be more stable than newer ones, making them more attractive investments. Buying into these stocks now can protect your money from volatility in a rising interest rate environment. Furthermore, if you’re looking for value plays, you should consider buying companies that have recently underperformed their peers.
If you’re looking for a stock that is going to keep on growing, you might want to consider Spotify. The company has struggled in the past year, but it continues to make smart decisions and continues to reach new audiences. For example, its exclusive podcast with Michelle Obama was one of the top-selling podcasts in the world last year. Though Spotify has faced a rough year, its stock price is still attractive, and it’s a great buy if you believe in the future of podcasts.
While you’re looking for what to invest in right now, remember that stocks can still go down from here. This volatility can be hard to endure, but you should be prepared for it. You should maintain liquidity, and invest slowly and in small amounts. By doing so, you’ll avoid buying too much at once and risk a crash. It’s also important to remember that the market goes up and down more often than it goes up.
As the bear market continues, investors should consider buying stocks. Many of these stocks are positioned for future growth. Pinterest, Tesla, Teladoc, and Disney are examples of growth stocks. If the economy rebounds and more blockbuster movies return to theaters, these companies will see huge returns.
Another solid investment that may be a bargain right now is Pinterest stock. Its stock price has been on a roller-coaster since the company’s IPO, but it has recently risen steadily. Pinterest has been working to monetize its platform and continue growing its user base.
Facebook has a huge audience and continues to make smart investments. As a result, the social media giant is poised to surpass $1 trillion in market cap. Bitcoin, on the other hand, may one day become a payment system, but it’s still a long way from matching Mastercard’s payment system. Mastercard’s system can settle 5,000 transactions per second, while bitcoin takes on average 10 minutes to complete one transaction.
