Managing personal debt in a falling rate environment

Francois Cote, CEO of Fig Financial, joins BNN Bloomberg to discuss debt consolidation and changing rates scenario.
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[@jpl9148]

Personal loans from 12.99% APR, up to $30,000

[@ElvisSirinBo]

Navigating personal debt in a decreasing interest rate environment can offer significant financial benefits and opportunities for cost savings.

[@ErnestZDodson]

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

[@Victoria-io7qb]

I currently have $400K in equity in my home, and it's my primary asset. Is the suggestion here to sell now, cash out, and hold onto the funds until the housing market declines? What would be the best financial move in this situation? Any advice would be appreciated.

[@Dawnjohnston-c3]

@@ErnestZDodson You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

[@Victoria-io7qb]

@@ErnestZDodson I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.

[@ErnestZDodson]

'MARGARET ELLEN WHITLOCK' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

[@jchong416]

This feels like an infomercial