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Your MONEY is LOSING value
The federal reserve keeps printing more dollars by the second which results in your purchasing power decreasing.
Even if you don’t live in the states you’re still affected, read on..
Your MONEY is LOSING value
The federal reserve keeps printing more dollars by the second which results in your purchasing power decreasing.
Even if you don’t live in the states you’re still affected, read on..
Since the U.S dollar is the world’s most traded currency, it affects most economies.
Meaning, inflation affects all.
So what can you do to maintain the value of your money??
—> I’ll give you an even better thing to do than maintaining your money
Multiplying it
Meaning, inflation affects all.
So what can you do to maintain the value of your money??
—> I’ll give you an even better thing to do than maintaining your money
Multiplying it
First off, the worst thing you can do is leave your money in the bank.
Before i explain why, i want you to know that banks make great effort into getting rid of the money they have, EVERYDAY.
Of course not all of it, just the majority that they don’t need.
Before i explain why, i want you to know that banks make great effort into getting rid of the money they have, EVERYDAY.
Of course not all of it, just the majority that they don’t need.
Simply because money in your bank account is not only losing value but also could be multiplied with time.
Imagine having the fanciest Bentley but just leaving it in the garage.
—> The Bentley would lose value everyday and you’d waste the chance to enjoy it.
Imagine having the fanciest Bentley but just leaving it in the garage.
—> The Bentley would lose value everyday and you’d waste the chance to enjoy it.
Instead you can work on multiplying your money. How?
Through investing, which is the best way to hedge inflation.
Invest in Assets that generate cash flow and appreciate in value, like:
- Stocks
- Real Estate
- Businesses
Through investing, which is the best way to hedge inflation.
Invest in Assets that generate cash flow and appreciate in value, like:
- Stocks
- Real Estate
- Businesses
A stock is a partial ownership in a large company which is priced by market demand.
- A stock will most likely gain value annually as the economy grows.
- You could also get a dividend paying stock.
There are many brokers that you can open an account to invest with, google it!
- A stock will most likely gain value annually as the economy grows.
- You could also get a dividend paying stock.
There are many brokers that you can open an account to invest with, google it!
Buying a rental property is a great long-term investment, as the tenant will keep paying you rent.
Also the property will also gain value annually unless there is a significant financial crisis.
Contact a local broker and tell him that you want to get into RE, they’ll guide you
Also the property will also gain value annually unless there is a significant financial crisis.
Contact a local broker and tell him that you want to get into RE, they’ll guide you
Starting a business is the most risky out of all three. But you could really change your life if you understand what you’re doing.
Therefore, investing in your business is exactly just like you’re investing in yourself.
With trial and error, you will at some point succeed.
Therefore, investing in your business is exactly just like you’re investing in yourself.
With trial and error, you will at some point succeed.
I hope you guys found this valuable, if you did, please retweet
And if we haven’t still connected, DM me let’s do!
https://twitter.com/freedomtowealth/status/1285315511497166849?s=21 https://twitter.com/freedomtowealth/status/1285315511497166849
And if we haven’t still connected, DM me let’s do!
https://twitter.com/freedomtowealth/status/1285315511497166849?s=21 https://twitter.com/freedomtowealth/status/1285315511497166849
