PDO - Rate Hikes? Rate Cuts? I Win Either Way!
2024-04-21 10:30:00 ET
Summary
- Win regardless of what the Federal Reserve decides to do.
- Interest rate changes should not result in a disaster for your portfolio.
- I encourage you to create a rate-agnostic portfolio.
Co-authored by Treading Softly.
When I was a young child, my brother loved to play unfair games with me. My brother always had a strong desire to win and hated losing. Perhaps some of you can relate to that. He used to walk over to me with a coin in his hands and would simply say, "Heads I win, tails you lose," before flipping the coin in the air. When I was little, I never fully understood that no matter what I chose, I was going to lose; I was just excited about the outcome. It wasn't until I got older that I realized that the game wasn't a fair one for me to win....
Rate Hikes? Rate Cuts? I Win Either Way!