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☆ Bolster your portfolio for any Election Day outcome
▼ + stars: | 2024-11-05 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

With Election Day underway, income investors should soon find out how their portfolio may — or may not — be affected by the outcome. Harris has said she wants to boost the corporate tax rate to 28% and increase the top rate for long-term capital gains to 28% for those making more than $1 million. That means that those who are buying AMT bonds but not paying AMT are getting free income, he said. Lastly, a higher corporate tax rate could also spur banks and insurance companies to return to the muni market. The companies owned a lot of municipal bonds when the tax rate was 35% and many bought more corporate bonds when the tax rate fell to 21%, Brandon said.

Persons: Colleen Cunniffe, Donald Trump, Kamala Harris, Collin Martin, Martin, Trump, Harris, Dan Close, Craig Brandon, Brandon, Andrzej Skiba, Skiba, Schwab's Martin, Cunniffe, Cunniff, Darla Mercado Organizations: Vanguard, Wells Fargo Institute, Schwab Center, Financial Research, US, Treasury, —, munis, Morgan Stanley Investment Management, Investors, Trump, RBC Global, Management, Federal Reserve Locations: China, Nuveen, U.S

☆ Where to generate income and safety during this global asset meltdown
▼ + stars: | 2024-08-05 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

With the stock market melting down, investors are scrambling for safety and ways to generate income. Treasury yields have also been falling as investors fled to safety, with the 10-year dropping more than 10 basis points earlier in the session. The move down in Treasury yields has Collin Martin, fixed income strategist at Schwab Center for Financial Research, shifting his outlook. "This is really attractive, especially considering that we have seen Treasury yields plunge so much," Martin said. Money needed in 12 months or less should be in a money market, he said.

Persons: Collin Martin, Martin, Barry Glassman, Glassman, Chuck Failla, Failla Organizations: Federal, Treasury, Schwab Center, Financial Research, Investment, Wealth Services, CNBC, Sovereign Financial Group

☆ What to do now that the Fed is signaling lower interest rates
▼ + stars: | 2024-07-31 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +9 min

Given the many ways lower rates can affect your finances, here are some things to consider when deciding what steps to take in response. Here’s how lower rates may affect key areas of your financial life, along with tips on what to do about it. If that proves difficult to get, see if you can transfer your balance to a credit card from a credit union or local bank that offers lower rates than the biggest banks. And because many variables determine what that factor will be, it will be hard to figure out the impact of lower interest rates. His advice: Don’t keep more than six months’ to a year’s worth of living expenses in cash or cash equivalents.

Persons: ”, Greg McBride, ” McBride, “, Chris Diodato, Diodato, you’ll, McBride, ” Dodiato, Collin Martin, don’t Organizations: New, New York CNN, Federal Reserve, Bankrate, Schwab Center, Financial Research, AAA Locations: New York, Schwab.com

☆ This asset can provide investors hefty yields at a favorable tax rate. Here’s what you should know
▼ + stars: | 2024-06-27 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Preferred stocks can offer investors plenty of attractive income – and do so at a favorable tax rate – but they should proceed with caution before adding them to their portfolio. Preferred stocks are hybrid assets, combining attributes of bonds and equities, and their issuers include banks and utilities . He said these securities make up no more than 15% of his clients' fixed income allocation. Preferred investors would be paid before the stockholders, but they are well behind the bondholders in terms of priority. There is also the iShares Preferred and Income Securities ETF (PFF) , which has a 30-day SEC yield of 6.33%.

Persons: preferreds, Ken Waltzer, Frank Sileo, Collin Martin, Tapping, Wells Organizations: Wealth, UBS Financial Services, Americas, UBS, Poor's, Schwab Center, Financial Research, Trust Preferred Securities, SEC, Holdings, Barclays, Securities ETF, Citigroup, NextEra Locations: Los Angeles, Wells Fargo, Albemarle

☆ If you’re grabbing tax-free income from this asset, you may be sacrificing yield
▼ + stars: | 2024-06-21 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Though municipal bonds generally offer income that's free of federal income taxes – and state taxes if the investor resides in the issuing state – they also come with lower yields compared to other bonds. When it comes to muni bonds, the higher your tax bracket, the more valuable the tax-free income is. A tax-conscious approach to fixed income You don't have to bulk up on municipal bonds to get the best yield for your tax scenario. Municipal bonds are good contenders in taxable brokerage accounts, where investors can benefit from their tax-free income. Some fund families offer "tax-aware strategies" either in mutual funds or ETFs, which can include some exposure to municipal bonds, as well as equities.

Persons: Wells Fargo, aren't, Nisha Patel, That's, Collin Martin, Michael Carbone, it's, Beth Foos Organizations: Wells, Wells Fargo Investment Institute, Federal Reserve, SEC, Bond, Corporate Bond, York Life Investments, Schwab Center, Financial Research, Morningstar Locations: Wells Fargo, Chelmsford , Massachusetts

☆ Jeffrey Gundlach likes this corner of fixed income as the Fed keeps rates high. It's yielding 8%
▼ + stars: | 2024-06-17 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

The timing of cuts from the Federal Reserve is looking uncertain, but fixed income investor Jeffrey Gundlach has a way to play the theme: BB-rated bank loans. Playing the bank loans space The actual bank loans themselves are made by lending institutions to companies. Rather, large institutional investors snap them up and add them to their fixed income portfolios. The Fed's rate policy presents another wrinkle for bank loans: These loans have a floating coupon rate component. Accessibility through ETFs A fixed income sleeve should include exposure to high-quality bonds.

Persons: Jeffrey Gundlach, We've, Gundlach, FFRHX, Collin Martin Organizations: Federal, SEC, Schwab Center, Financial Research, Exchange, Blackstone Senior Loan Locations: BlackRock

☆ What the Fed’s interest rate decision means for your savings
▼ + stars: | 2024-06-12 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

Online high-yield savings accountsThe best bang for your savings can still be had in online high-yield savings accounts at FDIC-insured banks, which yield way more than today’s 0.58% overall average savings rate. As of June 11, the average online savings account rate was 4.40%, according to DepositAccounts.com. If you leave it parked in a regular savings account at 0.5%, you’ll get $50 in interest for a year. As with any savings account, banks can lower the rate they offer — also known as the APY — at any time. Money market accounts and money market fundsMoney market deposit accounts and money market mutual funds are generating yields competitive with the best high-yield savings accounts.

Persons: ’, ”, Greg McBride, ” McBride, you’ll, —, McBride, “, Collin Martin, Martin Organizations: New, New York CNN, Federal Reserve, National Credit Union Share Insurance, Securities Investor Protection Corporation, Treasury, Fed, Schwab Center, Financial Research Locations: New York, Schwab.com, United States

☆ Americans were paid an additional $235 billion in interest in 2023, thanks to the Fed
▼ + stars: | 2024-05-01 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

High-yield savings accountsThe average interest rate on regular bank savings accounts is roughly 0.5% but can run as low as 0.01% at the biggest banks. By contrast, the average on high-yield savings accounts is well over 4%, according to DepositAccounts.com. If you leave it parked in a regular savings account at 0.5%, you’ll get $50 in interest for a year. As with any savings account, banks can lower the rate they offer — also known as the APY — at any time. Money market accounts and money market fundsAlthough money market deposit accounts and money market mutual funds are both generating yields competitive with the best high-yield savings accounts, there are important differences.

Persons: —, It’s, ”, Greg McBride, you’ll, McBride, “, ” McBride, Ben Bakkum, Collin Martin, Martin Organizations: New, New York CNN, Federal Reserve, Federal Deposit Insurance Corporation, FDIC, National Credit Union Share Insurance, Securities Investor Protection Corporation, Treasury, Fed, Schwab Center, Financial Research Locations: New York, Schwab.com, United States

☆ Here's what to know about adding foreign bond exposure to your portfolio
▼ + stars: | 2024-04-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Investors have been raking in income thanks to attractive yields in the U.S. bond market. Investing in global bond funds Individual investors can add exposure to foreign bonds through global bond funds. There are hedged funds, which hedge foreign currency exposure back to the U.S. dollar and therefore reduce currency risk. "It's good to be diversified because foreign bond exposure is a massive part of the global bond markets," Mulach said. Here are Morningstar's top picks for global bond exposure: The Pimco strategies keep the bulk of their non-U.S. currency exposure hedged back to the U.S. dollar.

Persons: Rick Rieder, Rieder, Collin Martin, Martin, It's, Mike Mulach, Mulach, Rick Rieder's, Darla Mercado Organizations: BlackRock, SEC, Investment, U.S ., European, European Central Bank, Federal, Schwab Center, Financial Research, Morningstar, U.S, Strategic Global Bond Fund, Investor, Morningstar . Dodge, Cox's Global Bond Fund Locations: U.S, Europe, BlackRock, Mexico, Brazil

☆ Income investing opportunities emerge as the outlook for rate cuts moves to September
▼ + stars: | 2024-04-11 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

IEI has a 30-day SEC yield of 4.26% and carries an expense ratio of 0.15%. BINC, which is actively managed, has a 30-day SEC yield of 5.6% and a net expense ratio of 0.4%. Investors can use ETFs to tackle that space: Vanguard's Intermediate-Term Corporate Bond ETF (VCIT) has a 30-day SEC yield of 5.33%. There's also the iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) , offering a 30-day SEC yield of 5.4%. Hunting dividend payers Higher rates have overshadowed opportunities among dividend-paying stocks, which look less attractive to income investors who can find risk-free yields easily.

Persons: it's, Michael Carbone, Carbone, Gargi Chaudhuri, Collin Martin, There's, Michael Clarfeld Organizations: Dow Jones, Traders, Federal, Treasury Bond ETF, SEC, Schwab Center, Financial Research, Corporate Locations: Chelmsford , Massachusetts, BlackRock, ClearBridge

☆ Is Soccer Ready to Retire Its Last Taboo?
▼ + stars: | 2024-02-09 | by ( Rory Smith | ) www.nytimes.com time to read: +1 min

For as long as he could remember, his ambition had been to become a professional soccer player, to make a living doing the thing he loved. Martin was gay, and there were — as far as he knew — no gay soccer players. Forever.” Or at least, he thought, long enough “for me to live out my dream.”In reality, that contrast was not quite that stark. In 2018, at age 23, and while he was playing for Minnesota United in Major League Soccer, Martin came out as gay. He was thought to be the only openly gay male professional soccer player in the world at the time.

Persons: Collin Martin, Martin, —, ” Organizations: Minnesota United, Major League Soccer

☆ Corporate bond yields are off highs, but are still attractive. Here's what experts say to look for in 2024
▼ + stars: | 2023-12-29 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

While corporate bond yields have moved down off their highs, investors will still be able to snap up some juicy income next year, experts believe. USIG YTD mountain The iShares Broad USD Investment Grade Corporate Bond ETF tracks the ICE BofA U.S. Corporate Index. However, for income investors not just focusing on the next 12 months, investment-grade corporate bonds look very attractive, he said. WINC YTD mountain Western Asset Short Duration Inc ETF In fact, he thinks 2024 will provide a unique opportunity for corporate bond investors. He also doesn't think corporate bonds are particularly attractive on a total return performance thanks to their recent run higher.

Persons: Goldman, Lindsay Rosner, Collin Martin, Charles Schwab, Martin, Martin doesn't, Fitch, Kurt Halvorson, Halvorson, you'll, Michael Kessler, Kessler, Schwab's Martin Organizations: Federal Reserve, ICE, Corporate, . Investment, Goldman, CNBC, Western Asset, Albion Financial, Investors Locations: Goldman Sachs

☆ This little-known income play offers portfolios price stability and yield
▼ + stars: | 2023-06-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Floating rate notes' short duration gives them a measure of relative price stability, while offering investors' portfolios some support through variable income. It's the prospect of higher rates for longer, along with the inverted yield curve, that make floating rate notes an attractive play for some. For his clients, Winter has committed between a quarter and a third of investors' fixed income allocation to floating rate notes. "It's lower coupon rates versus the opportunity to lock in high fixed rates now if you consider the environment," said Collin Martin, fixed income strategist at Charles Schwab. That means in a recession, you may not get an increase in floating rate note prices to offset a decline in equities, he said.

Persons: Allison Bonds, Bonds, Jerome Powell, Paul Winter, Winter, aren't, Collin Martin, Charles Schwab Organizations: State Street's U.S, Treasury Bond ETF, Federal Reserve, Federal, Five Locations: Treasurys

☆ From your 401(k) to bonds, here’s how to protect your financial well-being as debt default worries grow
▼ + stars: | 2023-05-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

New York CNN —The White House and House GOP negotiators are rushing to finalize a deal to raise the country’s debt limit. With that X-date only about one week away, there’s still no deal to raise the debt ceiling – putting Americans’ finances in danger. If you invest in bonds, pay attention to when your Treasury bills are maturing. Stick with high-quality investmentsSteer clear of corporate junk bonds or emerging market bonds, CNN has previously reported. Federal government contractors could also see a lag in payments, which could affect their ability to compensate their workers, CNN previously reported.

☆ How to protect your investments in the debt ceiling standoff
▼ + stars: | 2023-05-17 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +5 min

But even if that’s the case, between now and then bond investors should expect volatility. Bond investors are all about pricing in the risk that they may not be paid back on debt they buy — either on time or at all. But the lack of a deal to raise lawmakers’ self-imposed debt ceiling so close to the X-date is introducing unwanted risk into each investor’s calculus. “We’ve already seen some pricing stress around short-term bills, Treasury bills, and a little bit of change in the… sovereign credit default swap spreads,” said Gary Gensler, chair of the Securities and Exchange Commission, at an event on Monday. Right now, yields on one-month T bills are well above the yields for 10-year and 30-year Treasury bonds.

☆ Here's what to expect from today's Federal Reserve announcement
▼ + stars: | 2023-05-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +7 min

Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, DC, on March 22, 2023. None of those figures are satisfactory for Fed officials. "Most Fed officials don't seem comfortable that the rate hike cycle is over," Citigroup economist Andrew Hollenhorst said in a note. The next Fed policy meeting comes in six weeks, on June 13-14, and April's consumer price report is due in one week, on May 10. This Fed meeting is crucial."

☆ Fed Rate Hikes Mean ‘Fantastic’ Savings Rates. Are You Still Earning Less than 1%?
▼ + stars: | 2022-12-14 | by ( ) www.wsj.com time to read: +7 min

A series of rate hikes from the Federal Reserve—including a 0.5 percentage point increase on Wednesday—has left its benchmark federal-funds rate rate in a range of 4.25% to 4.5%, the highest level seen in 15 years. “Savings rates right now are fantastic,” says Joe Duran, co-head of Goldman Sachs Workplace and Personal Wealth. “Banks want to be competitive, so when Fed rate increases happen, they are usually quick to increase savings rates,” says Duran. Where Savings and CD Rates Are Headed NextWith interest rates steadily increasing, the key question for savers becomes: Should I lock in rates now, or wait for even better offers? In fact, the average savings rate nationally is only 0.24%, according to the Federal Deposit Insurance Corp—quite paltry considering where the Fed rate is.

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