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.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
