Few folks properly understand inflation. So taking just a little time to figure it out puts you well ahead of investors who skim the headlines or focus on hyperinflation doomsday scenarios.
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It allows you to become a partial owner of thousands of profitable businesses. Remember this if you’re constantly fearing the next market crash.
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It’s a great way to protect your portfolio from a potential decline…and still profit from the upside in stocks.
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More than half of Americans have less than $10,000 saved for retirement, according to GoBankingRates. And in an article in the New York Times, an economics professor estimated that nearly half of middle-class workers will be “poor or near poor” in retirement, living on a food budget of about $5 per day. This is why it’s so important to start building your nest egg, and the sooner you can start, the better.
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Eventually, whether it’s in the next month or year or two, the market will turn on all of us. Here’s how to handle it…
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