All tagged Eric Maldonado CFP MBA

VIDEO: Investing in High Yield Savings Accounts vs. the Stock Market -- What to Consider

In today’s video we tackle the questions:

What are current high-yield savings rates?

How do they compare to investing in the stock market?

What are some considerations with deciding whether to invest in a high-yield savings account or the stock market?

Is now the time to invest in the stock market due to high inflation?

Are high-yield savings account too good to pass up?

We Were Featured in The Wall Street Journal "Bitcoin in Your 401(k): Is That a Good Idea?"

We were featured and interviewed for The Wall Street Journal in an article entitled:

“Bitcoin in Your 401(k): Is That a Good Idea?

Fidelity plans to give employers the option of adding the cryptocurrency to retirement plans later this year. Here are some questions to consider before investing.”

Here’s the link to the article: https://www.wsj.com/articles/bitcoin-in-your-401-k-is-that-a-good-idea-11651291205

Recession ahead?

A number of economists think that a recession may be on the horizon.(1)

The latest forecast by the International Monetary Fund predicts that Russia's invasion of Ukraine is going to take a chunk out of global growth this year and next.(2)

Fannie Mae is forecasting slowing growth in 2022 and a recession in 2023.(3)

When multiple forecasts start pointing in the same general direction, it’s worth paying attention.

So, what do we do with that information right now?

Do we panic and freak out? Bail on our investment strategies to head off losses?

Nope.

Market Correction Fear is a Trap

What’s the number one mistake investors make when markets decline?

Selling in haste.(1) It’s an emotional reaction to the surprise of a correction.

And it usually trades one problem for another—it replaces fear with seller’s remorse.(2)

You can avoid all of that if you know the facts about market corrections.

This month’s Visual Insights Newsletter highlights what you need to know about market corrections, so they don’t rattle you.

Click here to see it!