Economists have said with certainty that due to the pandemic, the global market and the economy of the world will inevitably crash. Blame it all on the outbreak of this deadly disease called the Coronavirus. Some have even said that it is worse than the Great Depression of 1929, or the 2008 Great Recession wherein the Lehman Brothers have filed for their bankruptcy. In both these instances, the major stock market has collapsed. The recession has followed.
The world’s largest stock exchange by market capitalization is the New York Stock Exchange. As of February 2018, market capitalization was around US$30.1 trillion. “The Big Board” is located at 11 Wall Street, Lower Manhattan, New York City, NewYork. It facilitates trade in 21 rooms and serves as a marketplace for buying and selling around 9.3 million stocks a day.
Investing in the stock market will always be hard. Equipping yourself with the necessary knowledge and information increases your chances. You need to prepare to lose money before venturing out to the stock market. The risk will always be there but remember: the higher the risk, the bigger the reward.