Login to view your accounts, portfolio details, and GWM portfolio reports.
Login to view your Fidelity account(s) and access your electronic documents and statements.
Login to view your TD Ameritrade account(s) and access your electronic documents and statements.
Login to securely upload your documents through Citrix ShareFile.
Anastasia Wiese Featured in MLive: Finding the Silver Linings in Your Saving Accounts
October 14, 2022
Anastasia K. Wiese
Anastasia K. Wiese
Senior Financial Advisor
We’re in a challenging environment for savers and investors alike, but there are silver linings to be found. In a recent MLive Wallet Watch article, Anastasia Wiese, JD, CFP® shared tips on how to navigate rising interest rates and market volatility. She discusses how to seize improved opportunities in your saving accounts, while staying invested in the markets for future growth.
For your savings: Anastasia pointed out a silver lining that higher rates are bringing to many savings accounts. While higher rates are bad news for borrowers, they can be beneficial if you’re saving money for upcoming spending goals. “For the first time in a long time,” she notes, “we’re actually having the conversation about earning a return from a bank.” That said, each bank sets its own rates, so not all rates are rising. It may be worth shopping around if your current savings account still only delivers fractions of a percentage point.
For your investments: Even higher interest rates in a savings account won’t keep up with inflation. So, our advice hasn’t changed when it comes to pursuing your long-term financial goals. Invest in a diversified mix of stocks and bonds, and avoid the temptation to bail out when markets take a dive. Anastasia also covers some of the “in between” investments, such as CDs and Treasury I Bonds, which may be appropriate for a portion of your assets.“Put your head down, don’t watch the news as much when they’re talking about the market, and just keep on your plan,” Anastasia concludes. For more of her tips, read MLive’s “Silver lining for savers” article here.
Grand Wealth Management, LLC
333 Bridge Street NW, Suite 800
Grand Rapids, MI 49504
Through our wealth management process we look forward to learning what is important to you and introducing you to our professional team. Contact us to get started.