History has convincingly shown, something, how long do you hold on to your investment, much more important, than when you buy. For example, there has never been a sliding 20 year period, when index S&P 500 brought negative total profit.
If you have $300, not needed to pay bills or emergencies, the following stocks can be bought right now.
Redfin
The first easy buy for investors is real estate technology company Redfin , which has almost halved from a record high, established earlier this year.
The best stocks of the American stock market
Mortgage rates have historically been low, and there is a possibility, that they will grow in the coming years. It must, seemingly, cool down the activity of buying and selling housing. But even with this projected slowdown, Redfin has a number of 'tricks" growth in the sleeve.
Where Redfin was able to really stand out, so this is on the cost saving front. Most traditional real estate companies charge a listing fee / commission of 2,5% or 3%. Meanwhile, Redfin's fee for helping buy or sell a home ranges from 1% to 1,5%, depending on, how many previous deals were made with the company.
Redfin's personalized services are top-notch. For example, during a pandemic, the use of 3D and virtual tours, so to speak, kept the hamster in the wheel. RedfinNow service also extends to new cities. This is a service, which allows Redfin to buy homes directly from sellers.
The best stocks of the American stock market
There is a possibility, that Redfin will be able to increase its sales fivefold compared to 2020 year and reach constant profitability by the middle of the decade.
Visa
Every double-digit percentage drop in Visa has been a buying opportunity since then., how did it become a public company, which means, that there is a high probability, that her recent kickback is just gift for patient investors.
- Visa is a cyclical business, who benefits from increased consumer and corporate spending over time. Like most financial stocks, he will be hit by the recession. Recessions usually last from a few months to a couple of blocks, Economic growth periods often last for years, if not decades.
The best stocks of the American stock market
Buying Visa shares allows investors to take advantage of these disproportionately longer expansion periods. ?? Another reason, why Visa is such an amazing company, lies in its dominance in the leading consumer market - in the United States.
IN 2018 a year, Visa controlled about 53% total purchases in the US credit card network, which was more than 30 % above, than the closest competitor.
Furthermore, Visa's share of purchases in the credit card network grew faster, than any other traditional payment platform since the Great Recession (2007-2009).
Evolution of Visa Design Evolution of Visa Design
Visa also thrives on credit evasion. While some of her colleagues act as payment processors and lenders (for example, American Express и Discover Financial Services), Visa prefers to focus strictly on payment processing.
When recessions inevitably hit, Visa doesn't need to set aside capital in overdue credit accounts. It is for this reason that it is recovering so quickly from the recession and therefore its profitability consistently exceeds 50%.
