If you're new to the stock market then you may not have heard the metaphor "Buy when there's blood in the streets". It means to buy when everything has crashed or hit the floor of the market. Stocks have taken a beating as the Federal Reserve increased interest rates. The Washington Post reported the rate changes occurring from "1.75 to 2 percent to a range of 2 to 2.25 percent". These rate changes may not seem like much, but they caused stocks to crash 5 - 10%.
Investing in stocks is great right now because everything is 5% cheaper than it was yesterday. If you have any amount of cash its an easy way to make a quick profit. If you bought just one piece of Facebook stock at $150 this morning it's now worth $153.48; that's an increase in value of 2.3% in one day! Given that banks will give you 0.02% interest on the money you store with them you just made 10 times your bank interest in a day. Now if you sell that now you just walked away with $3 you never had before. You could scale this out to a $15,000 invest which would now be worth $15,348 and you'd be up $348 in one day.
A word of advice though, don't invest more than you can lose. If you can lose that $150 put it into Facebook. If you put the money you had saved for rent into Facebook and it goes to $100 a share you wouldn't be able to cover rent the next month. Just be mindful of how much you are willing to risk in the market.
Taking a look at the market things are starting to pick up 1 to 2%, but remember everything dropped 5% out of no where, so there is a bunch of profit still available. These are some stocks you may want to look into investing in below:
