PROTECT YOURSELF FROM FED RATE HIKE

Published 1 week ago

We wanted to get this video out to explain the Fed Rate Hike planned for this week...this is rate increase #2 of this year. Why? - They need to do this in order to slow down inflation which is currently at 8.5%. How to protect yourself? - You need to review and convert all of your short term debt (equity lines, HELOCS, credit cards, etc.) and move into long term (good) debt. Long term debt/mortgage stays at a low interest rate, protecting you from fluctuations like this in the market.