In this episode, we tackle the timely topic of higher interest rates and their potential impact on investors' decisions. With rates soaring to unprecedented levels, many are tempted to veer off their investment paths in pursuit of short-term gains. But is this a rational choice? We break it down and offer invaluable insights into why staying the course might be the wiser option.
I just see the high interest rates as a rational time to add bonds to my portfolio. Having them before the hikes was silly because they offered very little return and were bound to depreciate with rising rates.