Dividend stocks are one answer to the Fed cutting rates: Strategist

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The Federal Reserve looks poised to cut interest rates in September. Where should investors be looking to take advantage of cuts?

Miramar Capital Co-Founder & senior portfolio manager Max Wasserman joins Wealth! to give insight into how investors may want to manage their portfolios should the Fed begin to cut rates in September.

"We would encourage investors, and we're dividend investors, look for alternative ways to get yield than just short-term paper, right? So we would tell them look for dividend stocks. Look for places that are giving you higher cash flows that are growing. But investors need to take a longer look than the next 60 to 90 days, which tends to be very volatile."

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino

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