How to Play It? Don't, Actually

For fund investors, this unexpected rate cut is like seeing your odometer roll over 50,000 when you're halfway through a cross-country trip: Intriguing, but surely no reason to shift gears.

Do-Nothing Junk

10 Questions with Adviser Harold Evensky

10 Questions with Adviser Frank Armstrong

Building a Low-Maintenance Portfolio

Building the Junkie's Perfect Portfolio

(Re)Building a Diversified Portfolio

Make no mistake, this rate cut is big news that's giving battered stocks a reprieve and providing extra kick to the April rally. Here's what happened: Troubled by sagging corporate profits, the Fed's Open Market Committee unexpectedly slashed interest rates this morning. Lower interest rates typically lead to higher spending by companies and consumers, a recipe for higher corporate profits and, in turn, higher stock prices. The Dow Jones Industrial Average and the tech-laden Nasdaq Composite almost instantly rocketed up hundreds of points. ...