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One Day Advice Podcast

Oct 28, 2021

Inflation is the "Stealth Tax". It erodes your cash and reduces your purchasing power over time. You won't find it in your financial statements or your tax filings, but you can feel it through the assets and items you purchase. As famous economist John Maynard Keynes once said, "While [inflation] impoverishes many, it actually enriches some".

How can you be on the side that's enriched?

In this episode you learn about ways that you can make inflation work for you, not against you. Other than the most common methods, like owning shares of companies (stocks) and real estate, we address alternatives like:

  • Real Assets
  • TIPS
  • Bitcoin

As stewards of our wealth, we must understand how to protect our purchasing power from inflation, currency devaluation, and potential crises. This episode will break down how.

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