Gabe and Jesse discuss the Federal Reserve's recent September 20th 50 basis points rate cut and its ramifications. They explore the effects on various investment decisions, such as high-yield savings accounts and fixed-income investments, and the broader implications for the stock and real estate markets. They also address how high-net-worth individuals and retirees might be impacted. The episode provides practical advice on navigating these changes and emphasizes the importance of having a solid financial plan. Then hear about Gabe and Jesse’s light-hearted fall traditions.
Key Takeaways:
• The federal reserve's recent cut by 50 basis points and its potential impact on short-term and long-term financial strategies
• The conversation highlighted how interest rate changes affect various aspects of personal finance, such as high-yield savings accounts, credit card rates, and mortgage rates.
• Discussions also covered broader economic implications, including potential effects on the housing market, retirement planning, and how well-constructed financial plans should not be overly sensitive to interest rate fluctuations.
Key Timestamps:
(00:00) - How Do Federal Rate Cuts Impact Investors?
(04:20) - Fixed Income Investments
(10:12) - The Stock Market
(14:05) - Mortgage Rates
(20:06) - Retirement Planning
(25:10) - Total Bond Markets
(25:55) - Will Stimulation Bring Inflation?
(30:29) - Fun Fall Activities
Key Topics Discussed:
The Trusted Partner, Cobblestone Capital Advisors, Jesse Cramer, Gabe Chodak, Rochester New York, financial planning, investment management
More of The Trusted Partner:
Website: https://cobblestonecap.com/the-trusted-partner-podcast/
Information presented in this podcast is not intended to be nor should be construed as individualized investment advice. All content is of a general nature and solely for educational, informational and illustrative purposes. Investments in securities are not insured, protected or guaranteed and may result in loss of income and/or principal. Opinions of unaffiliated third-parties may not represent those of Cobblestone Capital Advisors or its employees.
