The LA Times wrote, “The Federal Reserve raised interest rates last Thursday by a quarter of one percent “It was a vote of confidence” in the economy, said Kathy Bostjancic of Oxford Economics in New York.
“But the move also points to the inevitable — and some say long overdue — next economic downturn. (more…)
Recently, Morningstar asked readers to tell them about their favorite investment side dish. Not the main-course core holding that anchors a portfolio, but like Thanksgiving, the satellite or supporting player that adds that little bit of spice and diversity.
We liked one response: I am glad that I have ignored the naysayers who say there is no need for real estate funds in a diversified portfolio.’ (more…)
