Categories
eToro Stocks

Oct 14, 2022 – Stock Market Updates

Global Stock Market Insights for week ending 14th of October from Simplywall.St

Market volatility picked up again last week after the Bank of England said it will end its bond buying on Friday as planned, the IMF cut global growth forecasts, and inflation data suggested rate hikes are set to continue.

Categories
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%.