Suze Orman, one of the most famous financial advisors of the USA, shared his opinions on the developments in the stock market. Orman currently thinks that there is a buying opportunity for many investors.
The S&P 500 had a drastic decline a few days ago, however, it lost around 30% in 3 months. However, the stock market began to recover over time. The index, which fell below the 2.400 level in the week, went up to the level of 2.600 yesterday.
One of the most famous names in the financial world, Suze Orman evaluated this mobility in the stock market and shared its future predictions. He thinks that the forest stock market will recover over time and there is now a buying opportunity for many investors.
Speaking to CNBC, Orman thinks it is a very good time to start investing right now and people can make a big profit from their investments. Orman, who has offered to stay calm for now, says that the people who are investing now will “smile” three years from now.
Crypto Money Market
The comments made by Orman will be particularly familiar to crypto money followers. Because in the cryptocurrency world, we often see such comments.
Many commentators think that the price of Bitcoin and alternative cryptocurrencies (altkoin) will increase over time, and people who are investing in Bitcoin now will make a huge profit a few years from now.
Kraken, one of the cryptocurrency companies, recently conducted a study supporting these comments. In this study, Kraken analyzed the population distribution in the USA and stated that Bitcoin price will increase as the population gets younger.