You're Losing Money Right Now. Make it stop | This is why your money is not safe in a bank

This is the biggest mistake investors make before getting Financial Advice. Let's fix this today.

Inflation can be hard to get your head around, but you need to because it's a hugely powerful force. Although inflation may seem like a small effect from year to year, it compounds over time, resulting in massive losses of purchasing power.

But it gets worse; As we get older, we start to rely on different goods and services, like health care, and the prices of these goods inflate at a much higher rate than 2%.

The solution is simple: only hold enough cash as is absolutely necessary. The rest needs to be invested.

But most people don't fully understand inflation, and even if they do, they don't know where they can invest with confidence.

Resources to check out:

Bank of England Price Changes
https://www.bankofengland.co.uk/knowledgebank/how-have-prices-changed-over-time

US Money Supply
https://tradingeconomics.com/united-states/money-supply-m2

This video is not a personal recommendation to take action and should only be used as guidance.

Видео You're Losing Money Right Now. Make it stop | This is why your money is not safe in a bank канала James Shack