This year was the Great Cash-Out… because next year is the great unknown. 2021 was a seller’s market because of high prices (thanks, inflation) and easy borrowing (thanks, low interest rates). 2022 may be different: The Fed is expected to raise interest rates three times to curb soaring prices. President Biden and Dem lawmakers plan to increase taxes on the wealthy, which could reduce gains from cashing out. Meanwhile, the fast-spreading Omicron variant is creating greater economic uncertainty.
Enjoy Weekend Guide 