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Can you predict interest rates?
Interest rates are more volatile right now than they have been in the past 10+ years or so. If you are looking for a place to park some of your money at a high interest rate, you know exactly how hard it is to find what you are looking for.
The Federal Reserve Bank canít seem to decide what rates going to do. The professional financial analysts all tout different ideas as to what rates will do in the future. Unless you are a fortune teller with a really good crystal ball, you donít know what rates are going to do either!
In the meantime, my clients tell me everyday that our tax deferred, fixed annuities offer the best rates on money that they can find. But, if you can find a better deal anywhere, take it, then call me and tell me where it is.