investor

Investing in this ETF now could make you a millionaire retiree

Investing in this ETF now could make you a millionaire retiree

(Chuck Saletta) As the market has fallen significantly from its all-time highs, the benefits of dollar cost averaging in a low-cost, broad-based equity index fund are becoming quite clear. By making regular investments every payday in this market, every dollar you invest buys so many more shares as the stock goes down. This may not …

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Billionaire investor Bill Ackman has the cure for high inflation: a massive wave of Russian immigration

Billionaire investor Bill Ackman has the cure for high inflation: a massive wave of Russian immigration

The Federal Reserve aggressively raised interest rates in hopes of cooling the economy and bringing inflation under control, which remained near a 40-year high in August at 8.3%. Their aim is to reduce demand and slow wage growth so that high consumer prices do not become “entrenched”. But senior officials noted this week that it …

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