@humphreytalks: The Federal Reserve cut rates for the 3rd time this year. Here’s what’s going to happen: #1 HYSA rates drop. If you want, lock in a CD rate that is higher than your high-yield savings, if you know that you are not going to touch that money for a period of 3, 6, or 12 months. #2 Invest your money, especially if you’re saving and investing for the long term. Usually when rates come down, a lower interest rate environment means that stocks tend to go up. Is this always the case? No. But in general, that's the bias. Regardless, though the stock market tends to appreciate about 8% per year if you're invested in the S&P 500. #3 Check out your loan rates. Credit card APRs aren't going to change too much. The interest that you pay on credit card debt will not all of a sudden go down by a lot, however it is still a welcome change. If you have a mortgage or auto loan rate from, say, a few years ago, when the rates were a little bit higher, this could be an opportunity to refinance if it makes sense for you. Let me know any questions you have! #tiktokencyclopediacontest #tiktokforgood

Humphrey Yang

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Wednesday 10 December 2025 20:43:32 GMT