By Chris Whitaker, CFP® The year is 1948. Your friend Roger, who is wearing a plaid sport shirt tucked in near his belly button, excitedly tells you that the BBQ place on West 14th Street has now re-opened as a burger place called “McDonalds.” You park your Chevy Fleetmaster, and walk up to a
Historically, floating-rate loans outperform the broad bond market in flat- and rising-rate environments. Given that the Fed raised rates in December and with more increases expected in 2017, floating rate bonds can benefit from it. Floating-rate loans, also called bank loans or leveraged loans, are below-investment grade corporate debts. They are called “floating rate”
