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Stock market recovery 2020: how you can make a million from buying cheap shares – Motley Fool Australia
History suggests that a long-term stock market recovery is likely following the recent market crash. Buying cheap shares today could help you to take advantage of it.
Buying cheap shares today ahead of a potential long-term stock market recovery may not seem to be a sound means of making a million. After all, the recent rebound in stock prices could be curtailed in the short term by risks such as a rise in coronavirus cases.
However, the past performance of stock market indices suggests that they will record new all-time highs in the coming years. Therefore, at a time when other mainstream assets offer low prospective returns, now could be an opportune time …
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