Financial Advisor, Brian Biggs discusses rising interest rates in this video series.
In this video series, one of our Financial Assistants, Joseph Cavazos, and our Communications Specialist, Kaylee Kriese, will sit down with financial advisors, accountants, and business service specialists to discuss hot topics and more. Our goal is to educate and provide resources that will help guide you along your financial journey. In this interview, Brian Biggs, one of our Tax Preparers and Financial Advisors, will answer some of the questions that are frequently asked by clients.
Rising Interest Rates – The Basics
In this video, Brian will walk you through…
• How interest rates are determined
• Why interest rates are currently going up
• How rising interest rates affect our clients’ portfolios
Despite the rising interest rates in 2022, our advisors continually work to grow your investment portfolio and harvest any losses. Our financial planning process and philosophy enables us to effectively manage your portfolio in-house with strategies that minimize the tax you pay and help you keep more of your hard-earned money.
Want to learn more? Here’s an additional resource for you…
The Fed Just Raised Interest Rates By .75 Points. Here’s How That Helps Fight Inflation
Article from Time.com
Despite the risks, economists say the interest rate hikes are necessary to lower the burden on American households. Consumer prices in September were 0.4% higher than in August, and 8.2% higher than the year before. Some projections show that prices may continue to rise into next year. Click here to continue reading this article from Time.
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Or if you’d like to learn more about rising interest rates and other related topics, check out our Financial Planning blogs where you can access these great resources. (Click here to read more.)
And as always, if you have any other questions, please contact us. (Click here for contact information.)