They said the economy is getting better. That’s why inflation is getting worse. Yes, as the economy gets better, the value of our dollar goes down. That’s how our financial system is designed. What’s happening is more spending with nothing to spend on.
It’s almost over! This pandemic is almost over… or not. Several months ago, some people were convinced that a vaccine was going to be our savior. There were whispers and warnings about a variant but no one paid attention to it. It is taking lives with no warning.
Infrastructure. That’s a new investment opportunity as the Senate passed a massive $1 trillion infrastructure bill. Washington is pouring money into repairing roads and bridges, updating water/sewage plants, modernizing the electric grid and expanding airport and rail systems.
Your retirement is being attacked— by inflation! That’s right. Your dreams of sitting on a beach with gray hair, a good book, and a cold beer are under siege. It’s time to strategize to protect your older years and conquer inflation once and for all. You’ve heard your grandparents talk about going to the movies when they were kids. For just a couple of bucks they could buy their tickets, a soda, and a supersized popcorn.
Investment Tips To Protect Your Investment Against Inflation. Investing in one asset puts you at a greater risk. If that asset crashes, you will crash with it. So diversify to spread the risk.
The global automotive industry is set to lose $110 billion in revenue in 2021, The forecast is up by 81.5% from an initial forecast of $60.6 billion in late January. And that’s just one industry. Yes, the chip shortage is that serious.
Depending on the investment company you are using, you could put different types of investments in your RothIRA.
The Congressional Budget Office or CBO said that the $1 trillion budget proposal would add $256 billion to the nation's budget deficit over the next 10 years. What does that mean exactly? Nearly half of the package's proposed new spending could end up tacked on to the nation's growing debt load.
Move over TESLA! Another car company is hoarding silver, gold, platinum, palladium, and customers for electric vehicles. For a Warren Buffet-backed company, I didn’t expect anything less. BYD, China’s biggest supplier of electric vehicles, registered a net profit of double that of the previous year. They clocked in $660 million last year.
Last year, stock prices rose to levels that are completely and utterly absurd. Considering the economy was and is still down, unemployment was at an all-time high, it was puzzling to see all these investors pouring in. Many think that we are currently in the largest stock market bubble in the entire history of our nation.