this post was submitted on 13 Nov 2024
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sorry, what is a higher interest rate mean? isn't that a good thing to have a higher interest? so you can get more money from your stock investment?
should i uh, take my life savings out of the stocks?
Depends, it's certainly a good thing if you're a bond holder, you're getting more returns for your money. But its a bad thing for everyone else, higher interest rates means higher mortgages, car loans, credit card debt, student loans, business loans, etc...