The Power of Dollar-Cost Averaging: A Beginner’s Best Friend
When markets get unpredictable, it is easy to feel unsure about when to invest. Should you wait for prices to drop further, or jump in now? One simple strategy that can remove some of the guesswork is Dollar-Cost Averaging (DCA).
Since 2019, Nvidia’s (NASD: NVDA) share price has soared 3,476%, thanks to its pivotal role in supplying the heart of artificial intelligence (AI). Few companies wield as much market influence as Nvidia, and anticipation was sky-high leading up to its earnings release. Investors were on edge, eager to see whether Nvidia would meet or surpass expectations.
This past week, the US Federal Reserve (Fed) announced that it would keep the benchmark interest rate at 5.5%, a move that was widely expected. However, the Fed also hinted at the possibility of a rate cut in September, as inflation cools and the labour market shows signs of slowing. The Federal Open Market Committee (FOMC) unanimously agreed to maintain the federal funds rate in the 5.25% to 5.5% range, where it has been for the past year.
In a week marked by light economic news, Nvidia (NASD: NVDA) dominated the headlines. Investors were eager to see if Nvidia could meet sky-high expectations and whether the artificial intelligence (AI) fueled rally would keep rolling. Nvidia not only met but surpassed expectations, reaffirming its dominance in the AI market. The company delivered an exceptional […]
Inflation jitters sent US markets south, while the TSX extended its weekly winning streak. Let us take a look at what happened and how it impacted the three portfolios. Plus, we will shift gears and explore the hot topic of hybrid electric vehicles – are they a sound alternative to full on electric vehicles or just a pit stop on the road to full electrification? This week I will take look at their gaining popularity and investment potential in this week’s market update!
So, without further ado, let’s see what happened this past week….
If you belong to a gym, you’ve likely witnessed the annual surge of enthusiastic newcomers in January, only to see their numbers dwindle by month’s end. Fueled by New Year’s resolutions, these gym newbies arrive with ambitious weight loss and fitness goals. However, many find themselves derailed by a combination of factors, including unrealistic expectations of quick results, gym intimidation, scheduling conflicts, and waning motivation.