Hey Redditors! Over the past few weeks, there have been tremendous increases in the prices of stocks of companies such as Tesla, Alibaba, Goldman Sachs, etc. The market momentum has remained strong over the course of the past few decades. There has not been a stock market correction for close to eight years, and supposedly, we are already overdue for a correction. For those who don't know what a correction is: it is when stocks and bonds decrease in value more than 10 percent its value. I believe that the market will still be bullish for the next few months, but in the near future, there will be something in proximity of a correction. I hate to be pessimistic, but financial records and reports show a strong percentage of an occurrence like this happening. I'd begin to start taking it slow on long term investments for now. Personally, I began to invest short term for the past few weeks, and so far, I've made 500 dollars. Well, hopefully we don't have too detrimental of a correction and good luck to you all!
Submitted January 29, 2018 at 06:21PM by jeffreyma1219 http://ift.tt/2DL6qeY
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