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Financial Independence

How the September 2022 Fed Rate Increase Will Impact Your Bank Account (5 minute read)The Federal Reserve's federal funds rate has made the news a lot this year and for a good reason. The Fed raised its rate five times since March 2022, the most increases in one calendar year since 2005. Most recently, on Sept. 21, the rate pushed into 3% territory. This article contains a quick look at the Fed rate and its effect on different types of bank accounts. In short - Fed rate increases mean higher rates on savings.

The Real Reason There Are so Few Homes for Sale (4 minute read)Homeowners are increasingly reluctant to put up the for-sale sign. Despite two-plus years of home price growth, new home listings are slumping. Why? Experts say, a key reason is that the vast majority of current homeowners have mortgage rates well below today’s 6% level. Millions of homeowners locked in favorable rates by purchasing homes or refinancing existing mortgages when rates were super-low in 2020 and 2021. As a result, a whooping 85% of homeowners with mortgages now have interest rates below 5%, according to a Redfin report.

Big City or Small Town? The Surprising Stats on Where Americans Want To Retire (6 minute read)A recent GOBankingRates survey offered some insight on where people prefer to retire - The survey revealed that 26% of Americans are seeking out small towns to retire in. Small towns beat out beach towns (19%) and big cities (10%) and received more replies than “where I am currently living” (23%) and “near family” (16%), though many of those places very well could be small towns.

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Investing

Daily Markets: Markets Contemplate the Fed’s Course (5 minute read)Asia-Pacific equity indexes ended today’s session down across the board following yesterday’s late-day US market declines. By mid-day trading, European equity indices are down across the board and US futures point to a positive open later this morning.

Take Advantage of Rising Yields With This Multisector Income ETF (5 minute read)After the Federal Reserve raised interest rates by another 75 basis points on Wednesday, the yield on the 2-year Treasury note rose 15 basis points to 4.113%, its highest level since 2007. So, as yields go up, fixed-income investors may want to consider the American Century Multisector Income ETF (MUSI). MUSI seeks to deliver high levels of current income and attractive risk-adjusted returns over a full market cycle.

Nearing Retirement? The 3 Best Real Estate Dividend Stocks to Buy Now. (5 minute read)A healthy lifestyle for many people means living longer and more time spent in retirement but Social Security can only go so far for most people. A strong retirement plan should include owning reputable dividend stocks. These three dividend stocks have outstanding track records with decades of dividend growth and investing in these stocks today could lead to much larger income streams when you retire. Three to put on your list of best real estate dividend stocks to consider buying now are Digital Realty (NYSE: DLR), Gladstone Commercial (NASDAQ: GOOD), and Realty Income (NYSE: O).

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Top FI/RE Reddit Posts

One-year FIRE update: Early retirement is great!

SWR performance for people who retired in 2000

If you retire with a mix of stocks, bonds, and cash, what proportion of withdrawals should come from each asset class?

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