|
|
Article: If interest rates rise in 2004, are you prepared?
- Article from:
- The Sun - Downers Grove (IL)
- Article date:
- February 12, 2004
- Author:
CopyrightCopyright, 2004, The Naperville Sun. All rights reserved. REPRODUCTION PROHIBITED. (Hide copyright information)
|
Although interest rates remain near their lowest levels ever, eventually the Federal Reserve Bank will start inching rates back upward. Many experts agree that an environment of rising rates could likely begin sometime this year.
Although these fluctuations are perfectly normal -- and an inevitable part of the economic cycle -- you should be sure that your personal economy is prepared for such conditions. Why? Because when the Federal Reserve raises interest rates, prices on investments such as bonds and stocks generally tend to fall.
While it's almost impossible to make your portfolio completely immune to the effects of fluctuating interest rates, there are a number of investment ...