As the Federal Reserve is expected to raise interest rates steadily this year, investors are wondering whether to concentrate on stocks or bonds.

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Stocks allow an investor to capture a growing and stable dividend that will keep up with the cost of living, Jonathan Murray, managing director of wealth management at UBS, told Liz Claman during an interview Thursday on FOX Business.

“The key, Liz, is what can keep up with rising rates and rising inflation,” Murray said. “And the answer through time, as your friend Mr. Buffett says, is stocks.”

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