As an independent RIA, I draw from a variety of valuable resources including TD Ameritrade, Vanguard, among others. A lot has been written about market volatility, and the effect it can have on an investor's psyche.
It might seem trivial, but how you manage your cash can have a long-term impact on your net worth.
Don't leave a lot of cash just sitting around earning nothing. Checking and savings accounts make on average 0.08%. Brokerage accounts aren't much better, and with inflation running at 1.8%, your purchasing power quickly erodes.
It's a busy week for economic releases, the Federal Reserve, and corporate earnings. All three will shed light on the relative strength and health of our economy. The Fed's meeting on Wednesday is the most significant event for the week. The Fed is expected to cut rates 25 bps or 1/4 of 1-percent.
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