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Looking Beyond Interest Rates: The Real Keys to Successful Investing

Remember the days when the Federal Reserve and central banks were slashing interest rates and “printing money” to boost economies after the global financial crisis? Everyone worried interest rates would stay low forever. The Fed seemed concerned that the world’s largest economy wasn’t moving forward – with close to zero inflation, potential “double-dip” recessions, and consumers not spending as much as before. Fast forward to today, and the script has flipped. Now, markets worry that interest rates will stay high forever. It sounds strange, doesn’t it? Back then, Wall Street cheered any hint of a rate increase. Today, it boos at the mere thought of it. But here’s the big question: Does worrying about interest rates truly matter? Should we even bother? Key Takeaways Focus on What You Can Control: Interest rates are out of our control. Instead, focus on things you can control, like how much you save, the businesses you invest in, and expanding your knowledge. Consistency is Key: Success ...