On Wednesday, the Fed announced it would begin scaling back its easy money policies…
That means it plans to slow down its asset purchase program. The central bank also signaled a rate-hike may be on the horizon to combat inflation.
This change in policy is like a double-edged sword.
Raising rates will likely tamp down inflation, meaning lower prices. But they’ll also increase borrowing costs… which could dampen the underlying economy.
We don’t know which way the sword will cut… That’s why we look for moneymaking strategies that work in any market environment.
On the conservative end, we showed you a simple way to save money on taxes.
And on the more speculative end, we told you how to play the metaverse trend via a subsector of altcoins.
So read on for a roundup of our best investment ideas of the week. No matter what the Fed does next… they’ll position you to win.
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Regards,
Chaka Ferguson
Editorial Director, Palm Beach Daily