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Tens of thousands of people turn to Google every month to see if now is the time to invest. It’s a loaded question, especially this year: In late February 2020, the S&P 500 began a monthlong decline, finding what investors hope was the pandemic floor on March 23.Historically, it has taken an average of about two years for the market to recover from a crash; this time, it bounced back in just 149 days. By the end of August, the index was once again hitting record highs.Stranger still, this unprecedented recovery came amid dour headlines, with U.S. unemployment hitting an all-time high in April and remaining above 10% through July.Between the stock market’s erratic behavior and economic uncertainty across the globe, investors are understandably wary. But that shouldn’t mean sitting out of the market.Understanding the Main Street-Wall Street disparityThe market’s recovery is clearly at odds with the U.S. economy. But a closer look shows this imbalance may not be as perplexing as it seems.The stock market reflects investor sentiment about the future, not what’s happening right now. While retail investors may be more inclined to buy and sell based on daily headlines, institutional investors are looking far ahead. And given the rapid market recovery (and the expectation of continued help from the Federal Reserve), it appears Wall Street isn’t spooked.The S&P 500 is also market cap-weighted, meaning larger companies will have a bigger impact on its performance (see how the S&P 500 works to learn more about this). The five largest companies in the index (Apple, Microsoft, Amazon, Facebook and Google’s parent company Alphabet) are in tech, an industry that hasn’t been hit as hard by COVID-19. The tech-driven recovery helped push the S&P 500 to its record high, despite the ongoing economic issues caused by the pandemic.And then there are the high hopes for an eventual vaccine. According to Robert M. Wyrick Jr., managing member and chief investment officer of Post Oak Private Wealth Advisors in Houston, investors may be betting on the belief that a coronavirus vaccine will be produced sooner rather than later. If and when a viable vaccine is broadly available, it’s likely to be a big driver of continued growth in the markets.“While this is likely already priced into the market to some degree, I would prefer not to be on the sidelines when this ultimately happens,” says Wyrick, whose firm specializes in advanced risk-managed investing.Timing the market vs. time in the marketAccording to Marguerita Cheng, a certified financial planner and CEO of Blue Ocean Global Wealth in Gaithersburg, Maryland, when you start investing isn’t as important as how long you stay invested. And that’s a maxim to remember in a pandemic, too.“The best way to build wealth is to stay invested, but I know that can be challenging,” Cheng says in an email interview.It’s easier if you invest only for long-term goals. Don’t invest money you may need in the next five years, as it’s highly possible the stock or mutual fund you purchase will drop in value in the short term. If you need those funds for a large purchase or emergency, you may have to sell your investment before it has a chance to bounce back, resulting in a loss.But if you’re investing for the long term, those short-term drops aren’t of much concern to you. It’s the compounding gains over time that will help you hit your retirement or long-term financial goals. (See how compounding gains work with this investment calculator.)The water’s fine, but wade in slowlyOne of the best strategies to remain calm and stay invested during periods of volatility is a technique known as dollar-cost averaging.Through this approach, you invest a specific dollar amount at regular intervals, say once or twice a month, rather than trying to time the market. In doing so, you’re buying in at various prices that, in theory, average out over time.Wyrick notes this is also an excellent strategy for first-time investors looking to enter the market during times of uncertainty.“It’s very difficult to time when to get into the market, and so there’s no time like the present,” Wyrick says. “I wouldn’t go all-in at once, but I think waiting around to see what happens to the economy or what happens to the market in the next three, six or nine months in most cases ends up being a fool’s errand.”So how, exactly, do you start dollar-cost averaging into the market? A common strategy is to pair this with stock funds, such as exchange-traded funds. ETFs bundle many different stocks together, letting you get exposure to all of them through a single investment. For example, if you were to invest in an S&P 500 ETF, you would have a stake in every company listed in the index. Rather than investing all your money in a few individual stocks, ETFs help you quickly build a well-diversified portfolio.To dollar-cost average you could set up automatic monthly (or weekly, or biweekly) investments into an ETF through your online brokerage account or retirement account. Through this approach, you would achieve the benefits of dollar-cost averaging and diversification, all through a hands-off strategy designed for building long-term wealth.More From NerdWallet5 Things to Know About Gold’s Record-Breaking RunNew Investors: Quit Stock-Picking and Do This, Expert Says6 Ways Your Investments Can Fund Racial JusticeChris Davis is a writer at NerdWallet. Email: cdavis@nerdwallet.com.The article In a Year of Uncertainty, Should You Still Buy Stocks? originally appeared on NerdWallet. 5570
Texas GOP Lt. Gov. Dan Patrick said after the nation's latest school shooting in Santa Fe, Texas, that teachers need guns, parents should secure firearms safely at home, and schools should eliminate some of their entrances."We need our teachers to be armed," Patrick said Sunday on CNN's "State of the Union."Patrick also called for "gun control at home," with firearms out of childrens' reach, but declined to say whether he would support requiring that by law, saying Texas holds gun owners "very responsible.""Be sure that your kids and grandkids or anyone who might have access to your home cannot get your guns," Patrick said. 639

Survivors of last month's deadly school shooting in Parkland, Florida, are preparing to take their fight for stricter gun control laws to Washington.This week's March for Our Lives is the culmination of a monthlong effort to honor the 17 students and faculty members killed at Marjory Stoneman Douglas High School, and rally Americans across the United States to say enough to gun violence.With momentum from the National School Walkout still going strong, students are demanding that their voices be heard. 515
Subtropical Storm Alberto is disrupting plans for Memorial Day barbecues and beach outings in Alabama, Florida and Mississippi, as the storm continues to churn north through the Gulf of Mexico.Alberto slowed overnight. But the heaviest rain bands and strongest winds began coming ashore around 10 a.m. Monday in Panama City Beach. That should continue into the afternoon as the center of the storm gets closer to land, bringing with it the risk of flooding, storm surges and tornadoes.A Tropical Storm Warning is in effect for the northern Gulf Coast from the Suwannee River to the Mississippi-Alabama border.The three states likely to bear the brunt of the storm have begun preparing states of emergency. 713
SYRACUSE, New York — It’s training many teachers have never seen, and it’s designed to let staff feel what it might be like to have a school shooter attacking.These teachers are physically learning to team up and do battle with a shooter, and they are being taught to focus on a shooter's hands.Teacher’s aid Melissa Demjanenko used tennis balls to train in place of staplers, tape dispensers or chairs she would really use to defend her classroom."I think of myself as not a powerful person. ... What can I do to stop something? Now I know I can do something. Now I know everyone in this room can do something," Demjanenko said.The training considers the idea that when people are in the most stressful situation of their lives, and they think they're just going to react a certain way ... they recognize they won't, Sheriff’s Deputy Tom Czyz said.People need muscle memory, and to get that, a person needs to have gone through similar stress, he said.Czyz started the training company Armored One.He says running to safety is your best bet, then hide if you can’t run.Along with other current and former law enforcement he teaches teachers lessons that go beyond the classroom and beyond the school lessons we can all use if running or hiding aren’t an option.“Your game plan of what you will do in case something happens: I hear gunshots behind me in front of me next to me. Which way am I going? What am I doing if I have to fight back.? What am I going to use for weapons? ... Literally in a few seconds."Everywhere you go you can have these plans already and it could save your life," Czyz said.We asked if he does that in every building he goes into. “Absolutely.”Police officers regularly train at the gun range; flight attendants on the airplane train for weeks to help people get out alive. This is why some school districts have decided teachers also need to train physically — to protect students.Before this training, in a mock active shooter drill — teachers reacted painfully slow, taking more than 30 seconds to exit the room.Czyz was brutally honest.“If my own kids were in here, I would be disgusted with you. Pretend like your own kids are in here, right?" he said.Czyz's team demonstrated how to barricade a door and use other things around to block and protect one's self. The taechers then tried again.There was a huge difference after the training — teachers cleared the room in around 10 seconds.The sheriff's department says it works hard to make sure the teachers are in their space, so training is done in the school where the teachers actually work. They get first-hand experience in their building.Planning ahead and practicing is what these teachers say now gives them the confidence to wage war against an attacker if they have no other choice. 2858
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