Advice on receiving trustworthy trading advice, long-term investments recommended

From Yahoo Finance: 2025-03-31 13:28:00

Ian Dunlap, founder of Red Panda Stock Club, shares advice on who to trust in the investment landscape. He suggests asking for free money-making advice, following intuition, and seeking respect among investors. Dunlap regrets not heeding a friend’s advice to invest, leading to a missed opportunity. He emphasizes long-term investments in a few great companies for significant returns, highlighting picks like Microsoft, Nvidia, Anduril, and Starlink. Dunlap urges investors to research top portfolios and stick to their decisions for long-term gains. Financial Freestyle podcast delves into wealth-building journeys weekly. 1. The stock market reached record highs today, with the S&P 500 closing at 4,500 for the first time. Investors are optimistic about strong corporate earnings and a growing economy.

2. A wildfire in California has burned over 10,000 acres, prompting evacuations in nearby communities. Firefighters are working to contain the blaze as high winds and dry conditions continue to fuel the fire.

3. The FDA has approved a new drug for the treatment of Alzheimer’s disease, despite mixed results in clinical trials. The drug, Aduhelm, is the first new treatment for Alzheimer’s in nearly 20 years.

4. The Tokyo Olympics are underway, with athletes from around the world competing in a variety of sports. Covid-19 precautions are in place, including regular testing and limited spectators.

5. A heatwave is sweeping across the western United States, with temperatures reaching over 100 degrees in some areas. Officials are warning residents to take precautions to avoid heat-related illnesses.



Read more at Yahoo Finance: 3 signs you’re receiving trustworthy trading advice