After Fed’s 50-basis-point rate cut, where should I invest $50,000? I’m 38 — and have a high risk tolerance.
The Federal Reserve made its biggest cut to the benchmark rate in 16 years on Wednesday, reducing the benchmark rate by 50 basis points. The first rate cut in 4 years brings the benchmark rate to a range of 4.75% to 5%. A decreasing interest-rate environment will, eventually, help change the landscape for stocks and, hopefully, real estate.