Published on 28 Mar 2024 on Zacks via Yahoo Finance

5 Good ETFs to Buy & Hold For Years

In the ever-changing world of investing, market volatility can be as constant as change itself. The swings can unnerve even the most seasoned investors, tempting them to make hasty decisions that may harm their long-term financial goals.

Many may be scared of the ongoing stock market volatility caused by higher rates, high inflation and geopolitics, but economic and corporate fundamentals do not seem to be a cause of concern. While many have taken 75 bps Fed rate cuts this year for granted and expect a continued market rally, Fed's Waller’s latest comment may counter their complacency.

Federal Reserve governor Chris Waller said Wednesday night that he is in no hurry to slash interest rates after hotter inflation data in the first two months of the year. The recent data "tells me that it is prudent to hold this rate at its current restrictive stance perhaps for longer than previously thought to help keep inflation on a sustainable trajectory toward 2%,” as quoted on Yahoo Finance.