Dear readers, I believe many of us are familiar with FAANG or MAMAA, when it comes to the biggest US technology stocks.
What about the “Magnificent 7 stocks” when it comes to US technology stocks too? What to know about the Magnificent 7 stocks and is it wise to still invest in these stocks now or the S&P 500 index where a third of the index is made up of these 7 stocks which have risen significantly in recent months? Find out in the 1st segment of the latest Money Mind episode below.
Also find out the importance of ensuring sufficient investment coverage, first-hand from a successful business woman in the finance sector who has lost her husband to cancer in the second part of the episode.
Last but not least, let us have a refresher lesson on the importance of compounding interest, which Albert Einsten described as the 8th Wonder of the world in the third part of the episode. As we will note from the episode, compounding is a double edge sword: this effect can work likewise for our outstanding debts.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!