With the CPI (consumer price index) on the rise and inflation still running wild, we are looking forward to the Fed's next move. Whether that is a 50, 75, or 100 basis point raise, we will be ready for it! However inflation and recession are not the same! Big day to watch is the 2nd quarter GDP read which comes out on July 28th! If GDP falls we will officially be in a recession. If not, we reset the recession clock and wait for the next quarter's read.
Listen in to see my thoughts on what I am buying, how I'm adding, what I'm doing with my cash position and more! Plus updates on Bitcoin BTC and Ethereum ETH.
Week 24 investing challenge has us adding SBUX to the portfolio!
Week 25 INVESTING CHALLENGE on "Let it Grow Investing - podcast" on Facebook! FB GROUP: https://www.facebook.com/groups/3149013668660459/
1. UNH United Health 2. OKTA Okta 3. KR Kroger 4. MA Mastercard 5. MSFT Microsoft
***Not investing advice, simply what I am looking to do in my own portfolio while understanding my risks, timeline, age, income, debt and other factors!!***
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If anyone is reading down here, you are the real MVP!! Thanks for your support and making our community a better place and for making me a better investor. I hope you've learned something; I certainly have! Let's get out there and "LET IT GROW"!
