The past four years have been fantastic for the stock market. The S&P 500 (^GSPC +0.51%) has more than doubled in value from the bear-market bottom it sank to in September 2022, in fact, making this one of the faster-moving bull markets in recent history.
Some retail investors live by the three-word phrase “buy the dip” since they bet the stock market will climb again after a period of losses lasting hours, days, or even weeks. Add Citi to the roster of believers in buying the next dip.
Citi analysts believe the stock market has proved unusually resilient against significant headwinds,
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This month, Warren Buffett announced he would step down as Berkshire Hathaway chairman, ending his 60-plus-year stint at the company he helped turn into a trillion-dollar juggernaut. With Buffett officially stepping away, now is a good time to reflect on some of the gems he’s dropped over the years.
One piece of Buffett advice I always keep in mind is how to brace for a market crash.
» Read more about: Warren Buffett's Top Advice for Investors Bracing for a Market Crash »
Tesla (TSLA -1.54%) is expected to release its third-quarter delivery numbers on Oct. 2. As always, they will be closely watched. Tesla’s electric vehicle (EV) deliveries are its EV unit sales, allowing investors to plug the numbers directly into their assumptions.
The Wall Street consensus is for 454,000 deliveries,
The S&P 500 is highly concentrated in “Magnificent Seven” stocks.
The Invesco S&P 500 Equal Weight ETF (RSP) assigns nearly equal weight to all S&P 500 stocks, reducing concentration risk.
RSP has averaged close to 10% annual returns over the past decade.
September 25th in the Tokyo market. The Nikkei Average rose for the fifth consecutive day, closing at 66,364.20 yen.
On the same day, long-term interest rates (yield on newly issued 10-year government bonds) rose to as high as 3.115%. This is the highest level in about 30 years, since August 1996.
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When Social Security was first created, Americans didn’t become eligible for any benefits until age 65. But reforms in 1956 opened up the door for women to collect a reduced benefit starting at age 62,
You can start collecting Social Security at age 62. Cashing in on all of the money you put into the system as soon as possible may sound enticing, but you won’t receive the full benefit you would if you waited until your full retirement age. And if you wait until after your full retirement age,
» Read more about: Statistics Say This Is the Best Age to Claim Social Security »
