October 30, 2021 - mediadealer - Money Hacks - 331 views
Date: 2021-08-13 15:26:44
Go to and use code GRAHAM and you’ll receive a free stock worth up to $1000 once you open an account – Enjoy! Here is why you should stop saving money and the investments behind it – Add me on Instagram: GPStephan
NEW BANKROLL COFFEE NOW FOR SALE:
DOWNLOAD MY NEW FINANCIAL APP:
JOIN THE WEEKLY MENTORSHIP –
THE NEW PODCAST:
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: – $100 OFF WITH CODE 100OFF
On a large scale, the biggest issue is the lack of available options for savers.
With interest rates as low as they are, and inflation as high as it is… saving isn’t exactly encouraged…and that’s PART of the initial problem. Analysts say that, because there aren’t many places to safety stash your savings…investors are engaging in riskier behavior to get a higher return, thereby driving UP asset prices, and further widening the gap between savers..and investors.
The biggest risk isn’t so much young people who keep cash for a few months at a time…but, instead, it’s those who want to save up for a much larger purchase that’s a few years away…and, in the mean time…not only is their money losing purchasing power, but the price of everything else is also RISING…making it even MORE difficult to pay for those things in the future.
Now, in terms of where things could go over the next few years…a new consumer expectation survey found that Americans believe inflation is going to be worse than expected, at 4.8% year over year. Over 3 years…the expectation is an average of 3.7%…which means, if your money makes you LESS than that…you’re losing value.
On the flip side, though…The Fed has made it clear that they believe the inflation we’re seeing is just temporary, driven by year-over-year measurements from the bottom of the market which makes it look worse than it actually is, excess demand fueled by a re-opening economy, and supply chain issues that will take some time to begin running properly.
Even though the general population believes inflation is going to be worse than anticipated…INVESTORS are betting that inflation IS NOT going to last, and that – throughout the next 10 years…it will decline to an average of 2.8%…but, that still raises the concern that your money needs to make AT LEAST THAT AMOUNT just to break even, without losing value…
Now, in terms of what you can do about this, it’s rather simple: The ONLY CASH you should be keeping is enough for a 3-6 month emergency fund held in a high interest savings account – enough to pay your day to day expenses in a checking account – and the REST should be immediately invested, unless you’re saving up for something in particular.
If you’re saving for something that you can buy in the next 6 months – carry on as normal and don’t worry about inflation. If you’re saving up for something that’s 1-3 years away…consider investing some of that in a broad index fund to balance out your risk, and increase the likelihood that you won’t lose TOO MUCH in the event inflation is higher than expected, or the market goes down. THEN…if you’re saving for something 3-5 years away…just invest your money in a broad index fund or a few carefully selected stocks…and let your investment do the heavy lifting for you…. It’s as easy as that.
My ENTIRE Camera and Recording Equipment:
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com
*This is a paid endorsement for Public.com. Offer valid for U.S. residents 18+ and subject to account approval. This is not a recommendation. You can lose money with any investment. Open To The Public Investing is a member of FINRA & SIPC. Regulatory and firm fees apply. See Public.com/disclosures/.
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
There may be many different types of companies that you wish to do business with in the future, but who will view you negatively d....
Debt can become overwhelming and it can make your life difficult. To resolve your debt through debt consolidation, it is vital tha....
What should you learn about debt consolidation? Where is this information at? How can I find reliable information? Read this artic....
If you use debt consolidation, you can get out from under your debt relatively quickly. It's not an answer to financial problems, ....