Gold has been featured in the news lately due to its recent rise to all-time highs (over $2,300/ounce at the beginning of May).

The popularity of artificial intelligence (AI) surged after the introduction of Chat GPT in Q4 2022. Companies across all sectors have been discussing their AI strategies at an elevated pace since then.

In 2023, the Magnificent Seven (Mag 7) stocks garnered their name from their significant outperformance compared to the remaining 493 stocks in the S&P 500. However, in the first quarter of 2024, we are seeing a greater divergence of returns amongst these seven stocks with Apple and Tesla in negative territory for the year. This could lead to the Mag 7 stocks no longer outperforming the market to the degree they have in the past.

April 15th is quickly approaching, and that means it’s your last chance to make contributions to various plans for the 2023 tax year. Here’s our summary of popular plan options…