Catch Up on the Latest…
‘Total turmoil’ as Trump tariffs slam home-goods industry, consumers
USA Today | September 25, 2025 by Andrea Riquier
The tariffs, announced on Truth Social on Sept. 25 by President Trump, include a 30% levy on upholstered furniture, and 50% on kitchen cabinets and bathroom vanities.
“People haven’t been able to trade over or up in housing for so many reasons,” said Maggie Kulyk, founder and CEO of Chicory Wealth, a wealth advisory firm. “Wages have not kept pace with the inflation of the housing market. Then interest rates rose. So you’ve got people who are quite literally stuck in place. And now they want kitchen cabinets. Well, they’re going to pay more and they might not get them for a long time.”
Markets Are High. Consider Derisking Your Portfolio.
Barron’s | September 23, 2025 by Debbie Carlson
[…] Maggie Kulyk, founder of Chicory Wealth, increased client’s international equity holdings to 30% of the firm’s portfolio’s total equity position several months ago because of U.S. large-cap valuations. The portfolio’s equity asset allocation leans to blue-chip names and has a higher dividend exposure than the MSCI World Index, its benchmark. While Kulyk owns technology stocks, the portfolio favors defensive sectors including consumer staples, utilities and materials.
Between the U.S. debt issues, macroeconomic and political instability, the markets’ euphoria is unsettling, advisors say. “This feels to me like a much more fragile market than what it might appear at a glance,” Kulyk says.
Advisors Rethink Cash Ahead of Rate Cuts
The Daily Upside* | September 14, 2025 by Debbie Carlson
[…] Maggie Kulyk, CEO at Chicory Wealth, works with socially conscious investors, and is looking beyond US Treasurys for bond exposure. “We cater to an extremely politically progressive crowd. They’ve been looking for alternatives to Treasurys, not just because of interest rates, but because of their, for lack of a better term, mistrust of this government,” they said.
One of those alternatives is community development financial institutions, where they recently bought two-year notes yielding 4.5%, which they said “could look really good by the time we get to the end of 2027.” They are also buying high-quality municipal bonds for clients in the highest tax brackets, where tax-free yields are above 7%. One fund they are using is MFS Municipal Income Fund (MFIAX).
I’m a Financial Planner: Here Are Three High-Impact Ways to Make a Difference With Your Dollars
Kiplinger | September 3, 2025 by Maggie Kulyk
We’re living in a world that can often feel out of control and headed in a direction that is less democratic, inclusive and compassionate.
If you’re feeling powerless, it’s good to remember that nothing speaks louder than your dollars.
I’ll explore three things you can do with your money to help bring about a more just and sustainable world for all.
