The blue chip index closed above the psychologically significant 42,000 level for the first time ever Thursday.

Investing in the shares can be overwhelming, especially with so many options available. But fear not--choosing the right strategy can make a huge difference in achieving long-term growth. In this blog,

U.S. stocks rose after the Federal Reserve lowered its benchmark interest rates by 50 basis points to a range of 4.75% to 5%. That was the first rate cut in over four years that marked the beginning of a monetary-easing cycle in the world's largest economy.