Terel Miles

Continue reading More for You Continue reading More for You

This week, the stock market is experiencing a major bounce as investors shake off rising uncertainties. While this bounce has been noteworthy, it is not very likely to last. Valuations in the technology sector are still elevated, and it will only take one negative news event for the market to retest the previous lows. Many economists have said the Federal Reserve is not yet “behind the curve.” However, recent economic data has proven otherwise, and this is not the first time the Fed has been wrong.

Finding millionaire-next-door stocks can be extremely exciting for investors who aspire to retire comfortably. However, the reality is that very few investors have the strategic foresight or the patience to accomplish such a dream. The truth is that a majority of investors will be better off parking their hard earned cash in Exchange-Traded-Funds to avoid making rash decisions. Buying and selling companies on the stock market is not the hard part, the waiting is.