banking

Dividend yields on preferred stocks have soared. This is how to pick the best ones for your portfolio.

This year nearly every type of security has declined — bad news if you look at your portfolio’s value each day and have difficulty sleeping at night. On the other hand, it’s good news if you’re looking for income. Because the rising interest rates mean falling prices for bonds and preferred stocks. For those income-oriented …

Dividend yields on preferred stocks have soared. This is how to pick the best ones for your portfolio. Read More »

Weekend reads: How to manage your finances when inflation is high and interest rates keeping shooting up

Financial markets have reacted with shock to the Federal Reserve’s reiterated vow to continue tightening monetary policy to combat high inflation. According to Freddie Mac, the S&P 500 is down 10.5% in the past month and the average interest rate on a 30-year mortgage loan has risen from 6.02% to 6.29% in just one week. …

Weekend reads: How to manage your finances when inflation is high and interest rates keeping shooting up Read More »

Is your bank helping or hurting the planet? Here’s how to know if it’s greenwashing.

Your bank contributes to climate protection through its lending and other measures. But does your bank have a positive impact on the environment? It can be hard to know. Through their messaging, banks sometimes paint a greener picture of their climate impact than their holdings or other factors suggest, a process known as “greenwashing.” If …

Is your bank helping or hurting the planet? Here’s how to know if it’s greenwashing. Read More »