If you don't know much about investing I would stick to safe long term investments and not try to make quick money. I've been investing in Valley National Bank for about 15 years. It usually moves between 9 and 12 dollars but pays around a 4 percent dividend. You're not going to make millions but it's a good place to start. It weathered the 2009 crisis well and it's a conservative investment.
But like others are saying here never invest more than you could tolerate losing, even the safest investments have risk. Don't take advice from strangers in chat rooms without doing your own research. And try not to act out of fear or emotion, if you have a bunch of money in the market and something like this pandemic happens just sit tight and wait for it to bounce back. And if it doesn't bounce back we're all fucked anyway.
agree wholeheartedly—
While I have quite a bit more investing experience then most, I have always taken the attitude of letting a 3rd party fiduciary handle my portfolio.. Emotions and lack of discipline ( day trading, for example) can contribute to making short term trades that can be very costly..
One should never leave themselves without a cushion of cash to carry them for a sustainable period of time —
The volatility and moves we have seen over the past few weeks are unprecedented and quite frankly I believe there is going to be more pain.
There are a lot of Fortune 500 companies and above out there who are going to have significant liquidity needs going forward which will further affect their stock and bond pricing