Business
Stock market crash: can you get rich from buying cheap stocks in 2020? – Motley Fool Australia
Purchasing cheap shares after the stock market crash could produce high returns in the long run. Therefore, now could prove to be a buying opportunity.
The stock market crash may have prompted some investors to doubt whether buying cheap stocks can improve their long-term financial prospects. After all, many companies face difficult outlooks, while risks such as coronavirus and political uncertainty in the US could weigh on the prospects for global equity markets.
However, the stock market’s past recoveries suggest that a turnaround will occur in the coming years. As such, now could be the right time to buy cheap shares that appear to be trading…
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