#long-term-investing

#long-term-investing

CEO Larry Fink said the global market currently holds more than $4.5 trillion in digital wallets, spanning crypto, stablecoins, and tokenized assets. "A lot of that money is outside the United States," Fink said on CNBC earlier today, emphasizing the opportunity for the firm to reach new investors through digital channels. Fink said tokenization could allow investors who are entering markets through crypto to access more traditional long-term products, such as retirement funds.

1. Start simple - you don't need to be a trader "You can make it extremely complicated if you're a trader, but you don't have to be," Ellard-King said. Rather than spending hours glued to screens and options, he recommended mainly investing your money in index funds that track the broader market. "Just let the smartest companies in the world do their thing," he said.

Indeed, valuations are quite high on select AI stocks that have gained high double-digit percentage points so far this year. And the S&P 500 is certainly skewing towards the higher end of the valuation range. But above-average valuation metrics do not necessarily mean that the stock market is about to blow up in devastating fashion, with tech stocks imploding as they did just a quarter of a century ago.

Schwab has one of the longest track records in the ETF space and offers comprehensive, well-diversified stock portfolios at some of the lowest fees available.

Vanguard Dividend Appreciation ETF (VIG) offers a 1.7% yield, significantly higher than the S&P 500's yield, combined with an expense ratio of only 0.05%.

Letting go of a losing stock is simple, but clinging to a winner - especially one that's doubled, tripled, or quadrupled your initial investment - is where the real challenge lies.