With the 'Magnificent Seven' losing $950 billion in market cap last week, according to data from Dow Jones, many on Wall Street are nervously awaiting...
With the"Magnificent Seven" losing $950 billion in market cap last week, according to data from Dow Jones , many on Wall Street are nervously awaiting earnings to turn things around. However, with so much uncertainty, it can be difficult to find the best strategies to navigate a volatile market .
For younger investors, Saccaro offers this advice:"If we're focusing on the younger generation, the phase of life or the playbook is going to be dollar-cost averaging. Dollar-cost averaging is when you're buying the same dollar amount of whatever investment is over and over of time, the math shows that it drives the average purchase price down. That's what happens and that's what you want to do is buy low.
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Providence Financial & Insurance Services Preside Dow Jones Volatile Market Investment Portfolio
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