Investing

Federal Reserve officials held the benchmark interest rate steady at the current 5.25% to 5.5% target range today as they seek to ease inflation and avoid a recession. At the Sept. 20 conclusion of its two-day policy meeting, the Federal Open Market Committee (FOMC) announced that, while it will maintain the federal funds rate, inflation… Continue reading The Fed Holds Interest Rates Steady

Blake and Julia’s son was born in May 2012. He seemed to be a healthy baby, but within a few months his parents noticed that he wasn’t rolling. A series of doctors’ appointments led to genetic testing, which revealed that their son had spinal muscular atrophy (SMA), a degenerative — and fatal — neuromuscular condition.… Continue reading Why We Need Medical Professionals in Investing

Stocks closed lower Tuesday as uncertainty around the Federal Reserve’s future policy plans kept market participants on edge.  Rising oil prices did little to lift investor sentiment, either, with worries percolating about higher energy costs keeping inflation – and interest rates – higher for longer. The Federal Reserve kicked off its two-day policy meeting today,… Continue reading Stock Market Today: Stocks Drop Ahead of Fed Announcement, Klaviyo IPO

It was a choppy start to the week as investors looked ahead to Wednesday afternoon’s policy announcement from the Federal Reserve.  Focus is also on the latest slate of initial public offerings (IPOs) about to hit the market, especially in the wake of last week’s blockbuster IPO from chipmaker Arm Holdings (ARM, -4.5%).    The… Continue reading Stock Market Today: Stocks Close Flat With Fed Meeting in Focus

Investors wanting to know “what are the types of mutual funds” may quickly feel overwhelmed by the answer.  Mutual funds are popular investments for Americans, and for good reason. They are a simple one-stop shop that can offer sophisticated strategies or diversified portfolios in a single holding. But with more than 7,000 mutual funds registered… Continue reading What Are the Types of Mutual Funds?

Unlike regular employment or investments that may require your active engagement, passive income strategies typically require minimal work to generate returns. However, while producing passive income may sound effortless, these strategies are not without risk — or work. Many require investing your time and money up front. An Ameriprise financial advisor will help you determine… Continue reading 5 Passive Income Strategies for Investors to Understand

There’s a wide world of investment options on Wall Street, and mutual funds are among the most popular and most trusted vehicles. But how do you find the best mutual funds for beginners? Mutual funds are often the very first investments many of us own as they are diversified, owning a pool of assets instead… Continue reading How to Find the Best Mutual Funds for Beginners

“What are FAANG stocks” is a question newer investors may ask when they hear the once-popular phrase “FAANG stocks” tossed around. In 2013, CNBC commentator Jim Cramer coined “FANG” as an acronym for Facebook – now Meta Platforms (META) – Amazon.com (AMZN), Netflix (NFLX) and Google, which is now Alphabet (GOOGL). He wanted to find… Continue reading What Are FAANG Stocks?