The Federal Reserve’s recent 50 basis point rate cut in September has investors speculating about the central bank’s future rate-cutting path as the November meeting approaches. With rates trending downward, Claris Financial Advisors Founder Lee Baker joins Wealth! to discuss the impact of lower rates on personal finances. Baker explains that rate cuts have a dual effect on individual finances. First, they lead to lower returns on savings accounts, including high-yield options. Second, they result in reduced interest rates on debt, potentially allowing individuals to save more on their borrowings. For those with high-yield savings accounts, Baker advises careful consideration of financial needs before making any changes to investment strategies. He emphasizes the continued value of these accounts, stating, “Even though the 5% high-yield savings accounts are going away, 4.5% is still pretty doggone good. So if you haven’t had the opportunity yet… now is still a fantastic time to get some money out of just your bank account [and] put it in a high-yield savings account.”
#youtube #news #stockmarket
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Every adult who is concerned about inflation should google the Office of Price Administration (OPA) system of price controls.
Well done
68988 Rhett Well
This should help Comrade camela 🐫🐫🐫🐫🐫🐫
!!!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated
I managed to grow a nest egg of around 120k to over a Million. I’m especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.
I don’t really blame people who panic. Lack of
information can be a big hurdle. I’ve been
making more than $100k passively by just
investing through an advisor, and I don’t have
to do much work. Inflation or no inflation, my
finances remain secure. So I really don’t blame
people who panic.
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.
nice!! once you hit a big milestone, the next comes easier. How can i reach her, if you don’t mind me asking?
look up her name on the web for her website.
Can you please stop calling me saico
What are the best strategies to protect my portfolio? I’ve heard that a downturn will devastate the financial market, so I’m concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I’ve been in touch with a financial analyst ever since I started investing. Knowing today’s culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
Mind if I ask you to recommend this particular coach you using their service? Seems you’ve figured it all out.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further… She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for saving me hours of back and forth investigation into the markets… I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
Trump 2024🇺🇸❤️🇺🇸
I’m favoured financially with Bitcoin ETFs approval, Thank you buddy.$28,600 weekly profit regardless of how bad it gets on the economy.
uSMART allows me to trade ETFs from various countries.And SGD can be traded directly without exchange!!!
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