Navigating High Rates:
Investing for the Long Term
Investors face unique challenges and opportunities in the current financial landscape. Many have focused on high interest-savings accounts and shorter-term investments due to the current inverted yield curve, where shorter term rates are often higher than longer term rates. However, those shorter-term segments could experience a downward rate trend with the expected reductions in the bank rate later this year by the Bank of Canada. A more strategic approach that includes longer-term investing in GICs in the present time should be considered before these opportunities disappear. In this post, we explore certain strategies for navigating this environment and positioning portfolios...