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Is Cash Trash? The Dangers Of Holding Your Savings In Fiat Currency | Lyn Alden (PT1)
WATCH PART 2 (https://youtu.be/pvx7Y3Wb1-A) & then SCHEDULE YOUR FREE PORTFOLIO REVIEW at https://www.wealthion.com/
[Original recording date: 5.31.21] With global central banks printing trillions of new currency these days, the voices claiming that “Cash Is trash” appear to have a valid point.
Banks give us no return on cash savings, and inflation is swiftly eating away at its purchasing power.
So what is the future outlook for the world’s major fiat currencies? And are there better stores of value we should consider using instead of paper cash?
We invited economic analyst Lyn Alden to answer those very questions at the recent Wealthion conference held in early June.
If you missed the conference, you’re in luck. We’re making Lyn’s excellent interview available to you right now in this video.
Watch it, then schedule your free portfolio review with Wealthion's endorsed financial advisor by filling out the short form at https://wealthion.com/
And follow Lyn on Twitter @LynAldenContact
At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.
We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you.
There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.
Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.
SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: https://www.wealthion.com/
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#dollar #money #currency
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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