🌟🌟🌟This is crunch week - a tale of 2 dates that will define Wall Street: the US August CPI release on Friday September 11 & the highly anticipated FOMC rate decision on Wednesday September 16.
With international oil prices having recently hitting over USD 100 & energy cost surging, the anxiety is real.
However over an extended multi year horizon, the macroeconomic noise of a single CPI report or FOMC meeting fades into a minor blip on a chart.
I will continue to dollar cost average into $State Street Portfolio S&P 500 ETF - SPDR(SPYM.US)which is widely regarded as one of the most reliable ways to build long term wealth.
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