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When the Fed cuts interest rates, here are 3 strategies to consider:
1. Invest in CDs that offer rates over 4% for more than 12 months to lock in higher returns.
2. Increase your investments in the stock market, especially in the S&P 500 for long-term growth.
3. Refinance your loans if current interest rates are lower than what you’re paying now.
What strategies are you using right now to navigate the current market? Are you focusing on certain types of investments or adjusting your financial plans? Let me know in the comments!
-Steve
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