Exploring the Investment Choices of Public Figures in 2024 💰
Investing in stocks has become a common practice among public figures, with prominent personalities like former President Barack Obama and former First Lady Michelle Obama making significant investments in the stock market. While the focus has been on Nancy Pelosi’s stock trades in the spotlight, other public figures have also been actively investing in stocks.
- Nancy Pelosi and Stock Trading
- Former House Speaker Nancy Pelosi’s stock trades have been closely watched by the public.
- However, other public figures, including the Obamas, have also been known to invest heavily in stocks.
- The Obamas’ Investment Portfolio
- Upon assuming office in 2009, President Barack Obama and his wife disclosed their finances, revealing investments in various Vanguard index funds.
- The Vanguard funds included stable assets in the stock market such as Amazon, Apple, Tesla, Nvidia, and JPMorgan.
Stock Performance of Key Companies in 2024 📈
Let’s take a closer look at the performance of some key companies in the stock market in 2024:
Amazon (AMZN)
- Amazon stock (NASDAQ: AMZN) has shown steady success with a minor drop earlier in the year.
- Currently trading at $183.88, AMZN shares have advanced by 22.59% this year and reached a new all-time high.
Microsoft (MSFT)
- Microsoft stock (NASDAQ: MSFT) has demonstrated similar price action, trading at $437.84 and showing an 18.04% advance in 2024.
- It hit a new all-time high in early July despite a slight dip in value.
Apple (AAPL)
- Apple stock (NASDAQ: AAPL) has advanced by 16.43% since the beginning of the year
- The current price stands at $225.71, with the company breaking its previous records.
Tesla (TSLA)
- Tesla stock (NASDAQ: TSLA) has shown positive momentum, although it has experienced a 2.02% decline in 2024.
- The current price is $241.66 as of July 19.
Nvidia (NVDA)
- Nvidia stock (NASDAQ: NVDA) has been the standout performer in 2024, gaining 147.45% on a year-to-date basis.
- The current price is $119.21, indicating significant growth potential.
JPMorgan (JPM)
- JPMorgan stocks (NYSE: JPM) have witnessed a 22.63% increase in 2024, trading at $211.20.
- While not as explosive as other assets, JPMorgan’s performance has been consistent throughout the year.
Conclusion on Investment Choices in 2024 🚀
While public figures like Michelle Obama have built strong investment portfolios, it’s essential to remember that investing always carries risks. Conducting thorough research and carefully evaluating these risks are crucial steps when considering significant investments. Understanding the market trends and being mindful of your investment choices can help you navigate the stock market effectively.
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