Replying to
@koolgal:Stocks r always better than properties!! //
@koolgal:🌟🌟🌟The recent rate cut of 0.5% by the Feds has resulted in a sizzling hot market. The market monitor in my Tiger App has been working overtime with many of my stocks and ETFs hitting 52 week high.
My strategy is simple - Buy and Hold Index ETFs and Quality stocks long term and allow the magic of compounding to unfold.
A good example is my ETF $SPDR Portfolio S&P 1500 Composite Stock Market ETF(SPTM)$ which tracks the best US Large Cap, Mid Cap and Small Cap stocks in just 1 trade. It is currently up 33%!
I believe that the stock market is the Best place to put my hard earned cash to work. It is a lot easier than buying properties which require bigger capital outlay, as well as maintaining them.
Of course the stock market is temperamental and similar to a roller coaster ride. That is simply the price to pay for outsized gains.
Investing is marathon, not a sprint!
@TigerEvents @Tiger_comments @TigerStars
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