What do rising cash rates mean for fixed interest?
Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 3 June 2022. The Reserve Bank of Australia has increased their cash rate for the first time in 11 years, and have stated more cash rate rises are to come. This week’s topic is: When interest rates rise, what does it mean for fixed interest?
Key topics covered include:
– What does a rising cash rate mean if you’re already invested?
– It’s important to remember that rates are linked to the time period you’re invested.
– How do bonds differ from term deposits as a fixed interest investment?
– How much could the cash rate rise to in the near future?
– What might investors think about with rising interest rates when it comes to investing?
– Luke offers his insights into considering fixed interest investments
Listen to the Podcast right now
Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’
Do you need financial planning advice around fixed interest investments?
Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Make an appointment to confidentially discuss investment, super, and retirement planning. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcast.
We look forward to your company again.
