Is "buy and hold" the best investment strategy for the year ahead? John Gagliardi, Regional Brokerage Consultant at Fidelity, joined us to give us a historical perspective of the classic investment strategy.
Gagliardi points out that it was a great year to "do nothing". He reviewed market performance over the past 7 years and expressed the benefits of investing in an index fund and holding it.
The big question is how much longer the bull market can run. Gagliardi says this market is moving faster than previous bull runs. He gives us a few indicators that may suggest a market correction.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
