Finance
investing, personal finance | Fox Business
Rosecliff founder and managing partner Mike Murphy says recessions will come and go, but investors need to keep their eyes on market ‘opportunities.’
If your thinking about investing there is no time like the present, advises Rosecliff founder and managing partner Mike Murphy. “Recessions come and recessions go, people need to look for opportunities to invest and not try to time the next recession” he told FOX Business’ Stuart Varney.
Here’s his five steps to getting started in FOX Business’ Financial 101 Planning series.
START NOW!
Get at it. There is no need to monitor the markets, just decide you’re ready and set aside some funds. “They should start investing today, not wait for maybe the market’s down tomorrow, or maybe they’ll be a better time in six months”, Murphy advised.
DO NOT ACTIVELY TRADE
Anticipating market moves is challenging for even the most seasoned traders, says Murphy. It’s unwise to try and time the market. “For most people, professionals even, it’s tough to trade successfully”, he warned. Instead, let your money sit and grow.
CREATE A LONG-TERM PLAN
Decide what your goals are; long-term, short-term or retirement. Then decide how much you can allocate each month or quarter and start investing.
INFLATION RISES FOR A THIRD STRAIGHT MONTH
Affluent individuals can protect their money if they place it into money-generating assets, including stocks, personal finance experts say. (iStock / iStock)
BUY LOW COSTS ETFS
Murphy recommends low-cost exchange-traded funds (ETFS) that hold a basket of stocks for broader exposure.
A good option, he noted, is the SPDR S&P 500 ETF trust, which mirrors the S&P 500, the broadest measure of the U.S. stock market. So far this year the fund has returned over 10%.
The fund’s heavily weighted in large cap tech, according to filings. Those stocks include Microsoft, Apple, Nvidia and drugmaker Eli Lilly to name a few.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| MSFT | MICROSOFT CORP. | 423.26 | -3.02 | -0.71% |
| AAPL | APPLE INC. | 167.78 | -1.89 | -1.11% |
| NVDA | NVIDIA CORP. | 870.39 | +16.85 | +1.97% |
| LLY | ELI LILLY & CO. | 761.98 | +4.71 | +0.62% |
MONITOR YOUR MONEY
It’s a good idea to keep track of your returns every month, quarter and year, according to Murphy. “History has proven 100% of the time, its proven, if they leave that money there over time it’s going to compound and increase in value,” he said.
Walmart‘s business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer’s former U.S. CEO.
Bill Simon, who ran Walmart U.S. from 2010 to 2014, suggests the company may be overstating challenges tied to tariffs.
“If you look down deep and dig into the details of their earnings release today, you know this quarter they grew their gross profit margin in the U.S. business 25 basis points. So, they’re expanding their margin. They also reported their general merchandise categories were flattish because they had mid-single digit price deflation,” he told CNBC’s “Fast Money” on Thursday, the day Walmart reported fiscal first-quarter results. “That sort of gives them room in my view to manage any tariff impact that they would have.”
Simon is optimistic consumers can largely handle price increases — citing a steady jobs market and cheaper fuel prices this year. But he notes worrisome commentary from corporate executives could be chipping away at consumer confidence.
“All the doom and gloom we hear about price increases and tariffs like we heard from my friends at Walmart today, I think it scares them some,” said Simon, who’s now on the Darden Restaurants board and is the chairman at Hanesbrands.
Walmart shares fell 0.5% on Thursday, but the stock closed above session lows. Shares are off almost 9% from the all-time high of $105.30 hit on Feb. 14.
On Feb. 20, Simon joined “Fast Money” as Walmart shares were wrapping up their worst week since May 2022 on tariff jitters. He suggested the stock was a steal for investors even though Walmart warned profits were slowing.
As of Thursday’s close, Walmart shares are positive for the year, up more than 6% in 2025. The stock has climbed more than 7% since President Donald Trump’s tariff announcement on April 2.
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