Interest rate hikes have everybody talking lately and wondering what to do to prepare. In this episode of Everyday Wealth, Soledad O’Brien and Jean Chatzky, along with Edelman Engines wealth planner Rose Niang, discuss what preparations to make and not make in this rising interest rate environment. Later in the show, they discuss the ins and outs of tax-loss harvesting, as well as tips on changing jobs later in life.  

Investing strategies, such as asset allocation, diversification, or rebalancing do not assure or guarantee better performance and cannot eliminate the risk of investment losses. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Funds and ETFs are subject to risk, including loss of principal. All investments have inherent risks. There can be no assurance that the investment strategy proposed will obtain its goal. Past performance does not guarantee future results.

Neither Edelman Financial Engines, a division of Financial Engines Advisors L.L.C., nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances.