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Episode 010: Bearly Bullish Takes on... How to Hold on to your Money!
What crazy times we live in..! Who knows what's coming next around the corner? Depression, recession, a reset in the business cycle, war or peace? None of us have a crystal ball, but there ARE things YOU can do to protect your purchasing power.
Today we discuss that factors that go into creating just the right mix for preserving YOUR wealth and purchasing power 2, 5, and 10 years from now.
Table source: Hull, Isaiah. Sattath, Or. Revisiting the Properties of Money. Accessed at: https://arxiv.org/pdf/2111.04483.pdf
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DISCLAIMERS/TERMS/RULES:
We are not professional financial advisors, nor do we offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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Topics Discussed: currency, money, gold, dollars, silver, T-bills, US treasuries, bonds, speculation, purchasing power, preservation, inflation, deflation, percent allocation, money pots, cold pot, cold storage, warm pot, hot pot, hot hot pot, trading, how to think about money, what is money, strongest currencies, asset allocation, half gold half cash, all-weather, recession resistant
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