federal reserve

8 things you should know before the Fed hikes interest rates

Stock and bond markets could take a hit
Stock and bond markets could take a hit | Kelvin Murray/Getty Images

Stock and bond markets could take a hit

With interest rates still low, you may feel tempted to borrow money to play the stock market.

Don't. Even though the current bull market has lasted more than eight years, it's impossible to predict what will happen in the future.

Experts recommend: Invest cautiously in the stock market, but don't borrow money to invest.

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