SLRC - Rate Hikes Rate Cuts? Win Big With These 10% Yields
2024-06-14 08:30:00 ET
Summary
- BDCs play a highly important role in the U.S. economy by providing liquidity to the middle market.
- You can reap high current income now and when rates fall.
- I don't trade on the market's whims, I collect income through it.
Co-authored by Treading Softly
With Canada deciding to cut its interest rates by 0.25%, all eyes are now on the United States and the market's expectations of future rate hikes, holds, or cuts. This means that a lot of investors will start to take preemptive measures to protect their accounts from the changing interest rates that they expect in the future. I prefer to move slowly and deliberately when making changes to my portfolio. I don't like to react emotionally to the news or make a knee-jerk change because I often find that the biggest mistakes I've ever made as an investor are the ones that I use my emotions instead of my brain....
Rate Hikes, Rate Cuts? Win Big With These 10% Yields