11. Inflation: How You Are Being Robbed By A Stealthy Thief
Listen to this week’s show and learn:
02:10 Spending is more fun than saving.
03:33 Don’t live below your means.
05:30 Why a “good rate of return” is not enough return for an investor.
07:18 Why millionaires will soon be poor people.
08:45 How currency inflation is invisible.
12:35 Why the stock market must hit all-time highs every day just for you to break even.
13:00 The Consumer Price Index (CPI).
14:47 Why the U.S. and most major nations want more inflation in the future.
15:55 The power of “tilting the chart”.
18:14 How you will beat inflation by understanding real estate leverage ratios.
Resources mentioned:
Consumer Price Index at www.bls.gov/cpi/
keith@getricheducation.com