Investing for millenials, pandemic edition

Some studies show that 82% of millennials base their financial investment decisions on the financial crisis of 2007-2008. And although fear is understandable, it can be harmful to your long-term financial plan. 

For most millennials, it is not easy to start investing. Anyway, it is something you should manage to do as soon as you can. The more time you have before retiring, the better your results will be. Even more so if you consider that the market is volatile and it fluctuates a lot. If you start soon enough, you will have more time to recover in case things go wrong, like the crash in 2007-2008 that led to the Great Recession.

But, is there a way to get over that fear?

The Great Recession had huge consequences for many people. That’s something we can’t deny. But if you look at the big picture, you’ll see that the trend is usually different. Take a look at the market history for the past 10 to 12 years. Yes, stock prices plunged by 35% in 2008, but in 2009, it rose by more than 25%. In 2010, it rose again. The year after that, again. Even more, before the crash, the market rose for 5 consecutive years. 

If you look at the performance, you'll notice that there has been a consistent return for many years, so even if 2008 caused a lot of chaos, it was one rotten year.

If you are feeling anxious about getting started, you can always take small steps towards becoming an investor. There’s no need to start big. Try starting with something you are familiar with, like buying stock from a company you know. It could be Amazon, Netflix, McDonalds, it doesn’t matter. Buy a few shares and make a habit out of it. If you invest a little money, you will gain little. But if things go wrong, you will also lose little. 

The good thing about just getting started is that you will learn how to manage your portfolio and how to deal with the stock market without jeopardizing your finance.

Find someone to talk to. Contact a financial advisor that can help you get started. They will manage to create an aggressive investing strategy specifically tailored for you, your needs and your plans for the future. They will also guide you through all the different investment options available, which are a lot.

You can also talk to someone who endured the financial crisis of 2008 to see what they did to recover or how they dealt with stress. Keep your focus on your future and you will find the courage to start investing now!


Investing can always be risky, but if you’re investing in volatile times, you may want to adopt strategies that can help limit your exposure to major market fluctuations. Having a diversified investment portfolio and taking a long-term approach are common investment strategies during volatile times, for example:

1. Work with a professional: A financial advisor can offer many services, including recommending investments, rebalancing your portfolio, and can also act as a calming voice during large market swings. 

2. Use dollar-cost averaging: Dollar-cost averaging is an investment strategy that involves investing set amounts at set intervals no matter if prices are on the rise or decline

3. Don’t check in every day: Constantly checking your investments can get you worrying and make it difficult to stay the course.


As the US and international stock markets keep on suffering the impact of the Coronavirus pandemic crisis, many people refrain from investing their money. However, this is not what financial planners suggest. In fact, they assure that the recession offers great opportunities to invest some cash. The key is to avoid short-term investments.

Here are some tips you should follow to invest during the Coronavirus pandemic:

Financial experts assure that recessions are a great moment to start long-term investments (like stocks or bonds), even if you've never have invested in your life. They assure that creating everybody should establish an investment policy they should follow no matter what!

However, during a crisis, you should have a more conservative approach and analyze thoroughly the market's opportunities.

One of the most important things you should (always) do is to diversify your investment portfolio. To reduce the financial risk you should avoid putting all your eggs in one basket!

Bear in mind that you don't have to find only one stock or company to invest in, you can also start investing in a 401(k) or other retirement accounts.

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