Investing in the equity market offers chances for income and capital appreciation as well as exposure to and diversity within the various industries and sectors that drive the global economy.
The world’s top 500 richest people increased their total wealth by $1.5 trillion last year largely through their exposure in the global stock market, with Elon Musk, the CEO of Tesla Inc., making the largest contribution, accord to data from Bloomberg Billionaire Index
The tech-heavy Nasdaq and the S&P 500 both break records in 2021, with the Nasdaq surpassing its previous peak thanks to increases for Facebook’s owner Meta and the top AI chipmaker, Nvidia.