Coronavirus, how should I invest

Now is a great time to start investing, stocks are down and therefore cheap. If you're thinking about investing ask yourself this: how can you lower your risk?

First invest in a emergency fund (3-6 month of expenses normally), with the current market uncertainty you should double or triple that number.

Second just time the market, only buy a stock when it is at the low, only sell when its high. Seriously it's impossible to time the market so if you have 10K to invest find an entry point and then spread you purchase out in case of further drops. (see below)

Third Pick good companies.  Only buy something you feel has a good product that you would use 5-10-20 years into the future. Don't buy some stock that went down 70% in a company you never heard of. But if you love to drink Starbucks, go look at stats read there earning reports, maybe you can start a position at a good discount.   

Fourth use the stats

Average correction stats:
The average correction lasts 4 months, recovery 4 months
The average Bear Market lasts 13.2 months, recovery 22 months

I have a buying plan that escalates as the market goes down, people don't understand how or why I can buy as the market goes down. But the key here is I don't invest more than I can afford, and I don't buy high risk equities. Example I own KO, I plan to own it for 30+ years so I can get a better yield on cost in my retirement, right now it's priced good so I buy a little every week. if the price goes down next week all things being the equal, I buy a little more. If everyone stops drinking Coke products I won't be a buyer because then I wont get that good dividend 30 years from now.  So I'm betting that KO won't break it 57 year record of raising its dividends the next 30 years bofor I need it.

Something to think about before you invest:
Can you last 13.2 months?  what if you lose a job?
Is this a correction or a recession?
Will Bonds go down?
Will real estate go down?
Is corporate Debt a bubble?
Will we have inflation or deflation?
Will your pension implode?
When will consumers start buying goods again?
Does Gold/Silver/etc hedge against everything?

So if you're ready to drop lets say $50,000 in the market here's how to do it without great risk. Don't put it in a high yield saving account instead. Then Open a M1 Finance account and Start investing in some Dividend stocks with $100, then once we start to recover (in about 13.2 months) start buying 400 per week. 
Click here to get a $10 bonus when you sign up for M1 Finance

Or if you need return but don't like the equities markets try P2P Lending. Click to sign up for Groundfloor and get your $10 bonus