1 No-Brainer Growth S&P Index Fund to Buy Right Now for Less Than $500
April has been a difficult month for the stock market as investors worry about the impact of President Donald Trump's tariffs on corporate earnings and the general economy. Trump announced a sweeping tariff plan, including countries worldwide, earlier this month, then more recently launched a 90-day pause to allow for negotiations. However, tariffs on goods from China -- at a level of 145% -- continue. The concern is these duties will increase costs for U.S. companies and prices for U.S. consumers, and that this will weigh on growth.Stocks across industries have suffered, but those in growth sectors have been hit particularly hard. Growth companies rely on strong economic times -- when interest rates are low and consumers are spending -- to supercharge their businesses. So, any sign of economic weakness generally weighs on demand for growth stocks.And this is exactly what's happening at the moment. The good news for you as a long-term investor is that this allows you to get in on these players for interesting prices. And if you're not sure of which growth players to choose, I've got a great solution for you. Pick up an asset that allows you to invest in many top stocks with just one purchase. I'm talking about an exchange-traded fund (ETF).Continue reading
April has been a difficult month for the stock market as investors worry about the impact of President Donald Trump's tariffs on corporate earnings and the general economy. Trump announced a sweeping tariff plan, including countries worldwide, earlier this month, then more recently launched a 90-day pause to allow for negotiations. However, tariffs on goods from China -- at a level of 145% -- continue. The concern is these duties will increase costs for U.S. companies and prices for U.S. consumers, and that this will weigh on growth.
Stocks across industries have suffered, but those in growth sectors have been hit particularly hard. Growth companies rely on strong economic times -- when interest rates are low and consumers are spending -- to supercharge their businesses. So, any sign of economic weakness generally weighs on demand for growth stocks.
And this is exactly what's happening at the moment. The good news for you as a long-term investor is that this allows you to get in on these players for interesting prices. And if you're not sure of which growth players to choose, I've got a great solution for you. Pick up an asset that allows you to invest in many top stocks with just one purchase. I'm talking about an exchange-traded fund (ETF).