The days of easy money are over – at least for the immediate future.
For much of the past decade, , investors could put money into the market and almost always watch their balances rise. And after two short months of recession in 2020, stocks resumed their uptrend, hitting record highs, until recently.
With the highest inflation rate in 40 years, interest rates rising, stock indexes plunging double digits, and economic uncertainty, it’s getting tougher to find a place to invest in stocks and earn a decent return.
But financial advisors say it’s still possible. The first piece of advice: when the economy changes, investors need to change with it.
“We encourage investors to embrace the realities of this new environment,” John Lynch, chief investment officer at Comerica Wealth Management, said.
With that mindset in place, here are tips to help you find the best stocks to invest in now.
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What stock should I buy in 2022?
Without low-interest rates and low inflation to fuel growth and technology stocks, investors should start moving into value stocks, experts say.
Value stocks tend to get passed over by investors during bull markets for high-flying growth and technology…
