Get Rich Education

#11: Inflation is like your hidden tax.

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

Direct download: GREepisode11.mp3
Category:general -- posted at: 10:00am EST