NewsChannel 13 talks with an expert about financial concerns amid conflict in the Middle East.<\/p>\n
ALBANY, N.Y. (WNYT)- Concerns about investments and 401k plans are rising amid the Middle East conflict.<\/p>\n
Related: Holy Moses Tavern forced to raise prices due to high utility costs<\/a><\/p>\n Paolo La Pietra, a wealth advisor from Boucher Financial Group, discussed the situation. He said they are proactively reaching out to clients to address market uncertainties.<\/p>\n La Pietra emphasized the importance of long-term investment strategies, noting that current market volatility is not yet problematic.<\/p>\n La Pietra suggested that the current market situation might present opportunities. He advised having a diversified portfolio and contributing 10 to 15% of one\u2019s salary to a 401k.<\/p>\n He also recommended having two years\u2019 worth of cash set aside to avoid selling investments at a loss during volatile times.<\/p>\n Related: Poll: New Yorkers struggle with groceries vs rent amid rising food costs<\/a><\/p>\n La Pietra highlighted the AI space, particularly hardware like semiconductors, as an attractive investment area. He mentioned NVIDIA, ASML, and TMC as notable companies.<\/p>\n He encouraged investors to review and potentially modify their current holdings to take advantage of these opportunities.<\/p>\n \t\t\t\t\t\t\t\tFor Related Stories:\u00a0middle east conflict<\/a>\u00a0\u00a0Financial expert<\/a>\u00a0\u00a0financial advice<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"NewsChannel 13 talks with an expert about financial concerns amid conflict in the Middle East. ALBANY, N.Y. (WNYT)-…\n","protected":false},"author":2,"featured_media":333220,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[72,176,6506,83856,61,60,152651,174,175],"class_list":{"0":"post-333219","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-financial-advice","11":"tag-financial-expert","12":"tag-ie","13":"tag-ireland","14":"tag-middle-east-conflict","15":"tag-personal-finance","16":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/333219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=333219"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/333219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/333220"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=333219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=333219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=333219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}