Mason Street in the Press
Best 6-Month CD Rates for November 2024
Traditionally, CDs with longer maturities offer higher yields. But in this current rate environment, shorter-term CDs are proving to have the highest yields.
The national average on any deposit product is usually much lower than the highest yields available. That’s why shopping around for a competitive yield is so important.
How Gold Prices Reflect Inflation Expectations
In October, gold surged past a record $2,700 per ounce. Market experts link this rally to inflation concerns, aggressive central bank buying and rising global tensions. The precious metal’s rise signals deeper worries about inflation, even after two years of Fed rate hikes. Some analysts see gold reaching $2,800 by year’s end, but this climb could warn about bigger economic challenges ahead.
Callable CDs are great, until the bank wants it back. Here’s what to do if that happens.
The days of earning 5% or more on nearly risk-free certificates of deposit (CDs) are coming to an end, but for some, they could be ending even sooner than expected as banks and other financial institutions call back CDs early.
Callable CDs give banks and brokerage firms the right to redeem a CD before the maturity date. They’re more likely to call CDs when interest rates are falling. Financial institutions don’t want to pay higher interest rates should prevailing interest rates drop.
Will gold’s price drop as inflation cools? Experts weigh in.
Inflation has cooled steadily over the past few months, and experts largely agree that the Federal Reserve will cut interest rates at its next meeting.
That’s good for consumers looking to take out a mortgage or swipe a credit card, but what about for investors — specifically those looking to buy gold?
How high will the price of gold climb this fall? Here’s what experts say.
The price of gold has climbed steadily since March, and much of that upswing has to do with the current economic climate. With high inflation, elevated interest rates and a looming presidential election, many have invested in gold to protect their wealth.
“During times of uncertainty, gold can serve as a safe haven,” says Sean Mason, an investment advisor representative with Mason Street Wealth Management.
Experts Weigh In About Market Meltdown as Stock Market Plunges
After Friday’s disappointing jobs report showed the U.S. unemployment rate at 4.3%, the DOW Monday morning opening in the red and closing down more than 1,000 points.
“I think that we shouldn’t read too far into it, yea its concerning, you’re watching your 401Ks go down, your IRAs it could be just because price points are too high,” said Fresno financial advisor Sean Mason.
6 Tips to Build a Solid Retirement Foundation
Retirement is a once-in-a-lifetime experience, so how will we know if we’re ready? I didn’t realize how fortunate I was while going through the painstaking process of learning how to create a sound business plan in college. I became enlightened in that great fortune when I launched my first business.
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