No Non-Cents Blog

Higher Interest Rates: Friend, Foe…or Frenemy? What High Interest Rates Mean for Investors and Borrowers If you've watched the news over the past couple of years, you've probably heard the phrase "higher interest rates" enough times to make you want to change the channel. Interest rates have become the financial world's version of the weather. Every day someone is talking about them, everyone has an opinion, and somehow they're blamed for just about everything. But unlike the

For the past few years, cash has been having a moment. After spending more than a decade earning roughly the same amount as a participation trophy, savings accounts and money market funds suddenly became attractive again. Banks started advertising rates above 4%, financial headlines proclaimed that "cash is king," and investors everywhere rediscovered the joy of seeing interest payments show up without enduring the emotional rollercoaster of the stock market. Honestly, who ca