Stock Market Today: Stocks Sink After Latest Fed Rate Hike

Stocks bounced between positive and negative territory for most of Wednesday as investors anxiously awaited this afternoon’s policy decision from the Federal Reserve.  But the major indexes made a beeline lower after the Fed increased interest rates by 0.25%, even as the central bank indicated that rate hikes could be coming to an end.  Most… Continue reading Stock Market Today: Stocks Sink After Latest Fed Rate Hike

Fed Hikes Interest Rates Yet Again: What the Experts Are Saying

The Federal Reserve raised interest rates once again on Wednesday, as concerns about persistently elevated inflation trumped turmoil in the banking industry.  The central bank’s rate-setting group, known as the Federal Open Market Committee (FOMC), wrapped up its regularly scheduled two-day meeting by increasing the short-term federal funds rate by 25 basis points, or 0.25%. … Continue reading Fed Hikes Interest Rates Yet Again: What the Experts Are Saying

Donor-Advised Funds: A Tax-Savvy Way to Rebalance Your Portfolio

Rebalancing your portfolio regularly is one of the basic fundamentals of sound long-term investing. The good news for long-term investors is that if you regularly give to charity, there is a tax-efficient way to rebalance your portfolio — the donor-advised fund. Why rebalance? Over time, higher-risk assets, like stocks, will dominate a portfolio, leading to… Continue reading Donor-Advised Funds: A Tax-Savvy Way to Rebalance Your Portfolio

Stock Market Today: Markets Up Again as Bank, Energy Stocks Outperform

Stocks closed higher for a second straight day as anxiety eased ahead of tomorrow’s key Fed decision.  Turmoil in the financial sector has sparked volatile price swings in bank stocks in recent weeks, but a lack of jarring headlines today helped calm investors’ nerves. Some bargain hunting also buoyed the broader market, with financial and… Continue reading Stock Market Today: Markets Up Again as Bank, Energy Stocks Outperform

9 Best Green Energy Stocks to Buy Now

Green energy stocks should get a lift thanks to the clean energy incentives in the Inflation Reduction Act (IRA), along with the dual catalysts of rising demand and lower costs. According to Deloitte’s “2023 renewable energy industry outlook (opens in new tab),” the IRA extends wind and solar tax credits for projects that started construction… Continue reading 9 Best Green Energy Stocks to Buy Now

Stock Market Today: Stocks Rise Ahead of Fed

Trading was turbulent on Monday as investors digested the latest bank headlines and looked ahead to the next Fed meeting.  In addition to news that UBS Group (UBS (opens in new tab)) will take over embattled competitor Credit Suisse (CS (opens in new tab)), reports emerged that JPMorgan Chase (JPM (opens in new tab)) CEO… Continue reading Stock Market Today: Stocks Rise Ahead of Fed

For a Concentrated Stock Position, Ask Your Adviser This

Market volatility, inflation and the pandemic have all amplified the need for investors to mitigate portfolio risks. Amid these factors, it’s vital to evaluate whether a disproportionately large portion of your portfolio is invested in any single stock — also known as a concentrated stock position. While this investing approach isn’t always a negative, it… Continue reading For a Concentrated Stock Position, Ask Your Adviser This