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Stocks

Sept 2, 2022 – Stock Market Updates

Market Insights for week ending 2nd September from Simplywall.St

Words carry a lot of weight in markets these days. Investors came to terms with the fact that rate hikes won’t be ending soon after commentary from Fed Chairman Jerome Powell re-affirmed that more rate rises are likely. The selling in equity markets this past week was broad-based, and even Energy stocks that have rallied in past weeks gave up recent gains along with the oil price.

Categories
Stocks

I invested in BMW Shares Today

I always loved the BMW brand. The quality of their products both externally and internally amazes me. I stumbled upon BMW shares and decided to purchase a few shares at 72.50 USD. Luckily after 12 hours I was able to earn 3.70% already.

My intention is to keep this stock in the long term as it gives reliable and stable dividends. For the past 5 years it has declared an average dividend of 4%.