New investors might find the stock market risky with its ups and downs. It’s crucial to stick to a plan that can withstand market declines. Dividend stocks offer a regular payout to shareholders even in market fluctuations. Consider investing in dividend stocks like Vanguard High Dividend Yield ETF for stability and potential growth.
ChatGPT recommends strategies for navigating stock market volatility. Dollar-cost averaging involves investing a set amount regularly to reduce stress from market timing. Advanced investors can explore covered calls or selling cash-secured puts for additional income. Diversifying into gold bonds or real estate offers alternatives to solely investing in stocks for a well-rounded portfolio.
Read more at Yahoo Finance: I Asked ChatGPT How To Earn Money When the Stock Market Is Volatile: Here’s What It Said