Brent Sheather is an Authorised Financial Adviser and a personal finance and investments writer. The popular narrative is that this will cause inflation and thus interest rates to rise. Related Content Brent Sheather: Unbalanced funds Brent Sheather: Robots, financial advice and the law of unintended consequences Brent Sheather Passive fund suitable for experts tooThat may be right but it may also be wrong and the important thing to note is that it is likely to be more or less factored into prices very quickly. These are big moves but in NZ's case it just takes interest rates back to where they were eight months ago (March 2016). Rising interest rates are not a good reason to forsake a diversified portfolio and sell bonds to buy shares.

Source: New Zealand Herald November 16, 2016 21:51 UTC