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Feb. 1, 2023

Episode 3: The Five Enemies of Wealth (Part 1)

Episode 3: The Five Enemies of Wealth (Part 1)

There are five enemies of wealth: Inflation, market fluctuation, devastation, litigation, and taxation. Today we're covering inflation and market fluctuation. Are inflation rates accurate? We don't think so. Take the cost of chicken and eggs, for...

There are five enemies of wealth: Inflation, market fluctuation, devastation, litigation, and taxation. Today we're covering inflation and market fluctuation.

Are inflation rates accurate? We don't think so. Take the cost of chicken and eggs, for example. It's four times more expensive than it was one year ago. 

That leads us to market fluctuation. 2002 was the dot com bubble. In 2008, we saw the collapse of the US housing market. But what happened after those things? Are we heading that way now? We are seeing some similarities. Should we be concerned?

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