The Federal Reserve finished the year with yet another interest rate hike. If inflation slows as expected, analysts still expect further increases of at least 75 basis points. You know how rising rates hurt your retirement savings, but there are ways you can take advantage of them.
Benefiting from an environment of high interest rates isn’t new, and it isn’t rocket science. These strategies have been employed for generations—when rates were high. Over the past two decades, with the Feds employing quantitative easing to keep interest rates low, you had little opportunity to use these approaches.
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