Neil McIver Director of Wealth Mgmt with this Weeks Big Fat Idea which involves a tactical shift from one asset class to another to take advantage of, as well as protect yourself from imminent higher interest rates. Specific recommendations made.
This weeks Big Fat Idea covers the biggest story in the world right now, the rise in interest rates and the actions an investor needs to take to profit from the move and the instruments to utilize to do so.
This weeks Big Fat Idea involves a surprisingly profitable business. Washing cars. The rate of return is attractive in this low yield environment, an option for those who have been starved out of the bond markets.