🌟🌟🌟What Should Investors Do When Trump Rejected Iran's Latest Ceasefire Truce?
Just last Friday, the market was breathing a sigh of relief. Iran floated a beautiful shiny 7 day truce plan to reopen the Strait of Hormuz. Then fast forward to the weekend and President Trump said No to Iran's proposal.
Oil prices snapped right back to over USD 107 a barrel. Meanwhile the US Indexes slid down the banister in a panic over renewed inflation.
What Should Investors Do?
Stay calm and let the market recover. I will continue to dollar cost average into $State Street Portfolio S&P 500 ETF - SPDR(SPYM.US)because I am building an unbreakable financial fortress for the decades ahead.
I invest in SPYM because I believe in the relentless compounding power of the American economic engine. I am instantly buying a stake in 500 largest, most dominant and most innovative corporate titans on the planet.
But here is the real secret - SPYM charges an absolute rock bottom expense ratio of just 0.02%. That means I get to keep 99.98% of the market gains in my pocket. Maximum power at minimum cost! That is my favourite way of investing.
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