Englewood, New Jersey – A quick review of headlines may lead one to believe that rising interest rates spell disaster for a struggling economy and our individual situations.

“That is certainly not always the case, said Jason Blumstein, CFA®, and founder of financial and investment advisory firm Julius Wealth Advisors, LLC (www.juliuswealthadvisors.com). “While higher interest rates can certainly impact people’s purchase of a home or a car, this strategy by the Federal Reserve can also benefit many.”

Blumstein, whose practice places a premium on “financial literacy”, brings clarity and understanding to financial planning for clients seeking a secure future with a variety of strategies.

The current climate – that of rising interest rates – is one area that Blumstein discusses on a daily basis with clients that include newlyweds, retirees, small business owners, and athletes/entertainers hoping to build a nest egg as their careers wind down.

To better understand the strategies of the Federal Reserve’s policy toward interest rates, please read Blumstein’s column on this issue at (www.juliuswealthadvisors.com/blog/3-ways-higher-interests-can-be-positive). This details how high and low interest rates can both benefit the economy.

“It’s clear that lowering interest rates stimulates spending and depending on the timing it can be a good thing,” said Blumstein. “Today, we’re entering a different phase. We’re seeing that higher rates can also be beneficial.”

Blumstein points to “savers” as a group that can benefit from these higher rates. These include those living on a fixed income who tend to take advantage of low-risk savings vehicles such as bonds, CDs, and money market accounts. These rates also tend to re-align perspectives regarding investment risks, as noted in Blumstein’s column -- www.juliuswealthadvisors.com/blog/3-ways-higher-interests-can-be-positive).

He also points out, “If you look at the history of the Fed Funds rate, since 1954 it has averaged about 4.6% and we’re currently at around 2.3%. The reason rates are rising is because, during the pandemic, interest rates were at 0% to help the economy stay afloat. In fact, they have been close to 0% since The Great Recession in 2009.

“The headlines can be alarming but applying knowledgeable context and figures to these headlines allows you to see the bigger picture with the right context. The bigger picture is that there is still a clear path to making your money go further and building your sustainable wealth in these situations.”

While this topic and others can be confusing, Blumstein continually educates clients on these and other topics that affect financial planning.

Prior to embarking on this journey, Blumstein considers a client’s risk tolerance, purpose for investing (retirement, college planning, etc.), and timelines for reaching these goals.

Blumstein’s plans are customized to a client’s needs and timeframes. The process involves:

- A philosophy guided by the principles of Warren Buffett and Jack Bogle which emphasizes owning high-quality assets for decades, not days, while seeking downside protection and controlling the drag of cost and taxes.

- Research and invest in assets that exhibit certain quantifiable characteristics that have been demonstrated to deliver more favorable long-term, risk-adjusted returns – not every time, but over time.

- Ascertain an investor’s needs, ability and willingness to own a business. The goal is to personalize a solution that meets unique situations, allowing the clients to stay the course with long-term peace of mind.

Throughout the process, Julius Wealth Advisors, LLC, (www.juliuswealthadvisors.com) places a premium on relationships with clients who look to the firm for guidance during good and difficult times.

Julius Wealth Advisors, LLC, is built on three pillars -- integrity, knowledge and passion. The firm’s services include behavioral coaching, financial planning and investment management.

“Unlike the typical financial and investment advisor,” said Blumstein, “we believe in offering more than just numbers on a quarterly report. We are here to help you identify long-term financial goals and create a tailored plan to achieve them. Plus, we offer behavioral coaching to support better decision making in the future.”

Blumstein also points out these plans change as lives and personal situations change. These can include marriage, becoming parents, an illness, a divorce, career change, and ultimately financial freedom. Regardless of these situations, Julius Wealth Advisors, LLC, stresses the disciplines necessary to reach any of these goals.

For More Information :- http://www.juliuswealthadvisors.com/