Is "buy and hold" the best investment strategy for the year ahead? John Gagliardi, Regional Brokerage Consultant at Fidelity, joined us to give us a historical perspective of the classic investment strategy.
Gagliardi points out that it was a great year to "do nothing". He reviewed market performance over the past 7 years and expressed the benefits of investing in an index fund and holding it.
The big question is how much longer the bull market can run. Gagliardi says this market is moving faster than previous bull runs. He gives us a few indicators that may suggest a market correction.
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
CNN is launching a new “All Access” streaming subscription in the U.S. on October 28th, priced at $6.99 a month, or just $69.99 if you sign up for a full year.