Monday, July 11, 2011

Worried About Rising Rates? 5 Things You Can Do

With debt levels at an all time high, interest rates are under intense scrutiny from everyone involved in economics and business. If you are concerned about the potential for a sudden large increase in interest rates then there are five things you can do:

1.) Refinance your mortgage at the current low rate
2.) Consolidate variable rate loans at a fixed rate
3.) Reallocate your portfolio to include fewer long term bonds
4.) Ladder your bonds so that each one runs out in a different year
5.) Always look out for more opportunities to make money

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