The global economy has got affected due to the coronavirus pandemic and it has resulted in suspicion in people’s minds related to investment. Since the vulnerability in the market has increased a lot due to the Covid-19 pandemic, people are really confused about making an investment in different areas.
They are even consulting many financial experts to know about tactics to invest successfully in the changing market situations. A lot of investors believe that investing in a bear market can help people make a profit but it is important for them to take investment decisions after considering many factors.
One of the prime things that investors need to be taken into account is their current financial situation. Hence, the decision to invest money is purely subjective and it should only be made if there is a reasonable risk involved in any investment.
Seasoned Investor and entrepreneur, Shaun Stenning, has added that one can make a big profit during covid-19 if he takes intelligent steps while investing. The investor has expressed that if one makes investment in a bear market with the right liquidity then it can help him earn a handsome return.
He has added that any downturn in a market creates a lot of opportunities for investors if they find them suitable for their long-term plans. Various sectors such as pharmaceutical, telecom, and real estate, have not been affected much due to the pandemic.
And it can be a good investment decision to put money in these sectors. Since the fear of the global economy moving towards a recession has grown, it would be a wise step if one keeps in mind his short-term goals while investing his money.