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.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.