On today's episode of Our 2 Cents, we're delving in to the world of the fine print, and what hidden or not-so-hidden information you should pay attention to. But before we get to that, we are talking about the interest rate hike we saw last week and the continued efforts to reduce inflation.
- Three 75-Basis-Point Interest Rate Hikes in a Row:
- The Fed raised interest rates yet again in another attempt to rein in inflation.
- What can we expect over the next few months and quarters? Should we anticipate more rate hikes?
- Are we in a recession right now? And what are the major drivers of a recession we should keep an eye on (e.g. unemployment, mortgage rates)?
- How does all of this impact the stock market and your investments?
- What's Hiding in the Fine Print?:
- Does your traditional Long-Term Care policy have premium rate increases?
- Are there any hidden fees in that variable annuity?
- Watch out for mutual funds with a performance history that is "back-tested."
- Can you ever get your money out of that REIT?
