There’s no best time to invest in the stock market. And for beginners, investing during downturn may not be best time to invest in the stock market. While beginner luck can get you a few steps ahead, your lack of knowledge may end up working against you.
It is tempting to see the current recession as a chance to get rich by picking up “cheap” stocks, even though time and again it has been shown that a downturn can cause the same stocks to become even cheaper and thus cut you a deeper loss. So, before you leap into the game, here’s what you need to know about investing in the stock market during this time: