Are you prepared for an ever increasing cost of living? You should be. There are two main reasons for the coming rise in prices. The first is monetary inflation. In an attempt to stimulate the economy and minimize unemployment, in response to Covid-19, our government printed and invented gobs of new dollars.
📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:31] And this week’s financial planning topic is Get Ready for Higher Prices. 💸
Mike Tyson said, “everyone has a plan ‘till they get punched in the mouth”. This is mostly true for every retiree. Whether it is a formal financial plan or rough math that lives in your consciousness or on a complicated excel spreadsheet, everyone has a loose plan for their retirement.
📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [12:11] And this week’s financial planning topic is Everyone Has a ‘Plan’. 🥊
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Spring is a time of renewal. A time to clean out the old and plant the new. A time to recommit to our values and reinvigorate our efforts towards our goals. It’s also a time to get outside and get a breath of fresh air. To reevaluate our actions and to recalculate our path.