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InvestED: The Rule #1 Investing Podcast

30- Inflation and How Compound Interest Can Work Against You Or For You

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 3 November 2015

⏱️ 41 minutes

🧾️ Download transcript

Summary

Albert Einstein is famously quoted as saying, “Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn't pays it.” In this episode, we discuss the power of compounding interest rates and what the looming threat of inflation means for you and your retirement. - Show notes and more info visit: www.investedpodcast.com -Get 6 Principles Video Series visit: www.investedpodcast.com/rulers - Live Transformational Investing Workshop visit: www.investedpodcast.com/workshop - For questions to be answered on the show, email: questions@investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everyone, Phil Town here and welcome to Invested the Rule 1 podcast.

0:05.0

I'd like to continue to offer these podcast sponsor free you guys, but in order for me to do that,

0:11.0

I got to ask you a favor.

0:12.8

But before I get to that, let's get into what this episode's all about.

0:16.8

We're going to discuss the power of compounding interest and the looming threat of inflation.

0:23.0

It's very informative and I think you're going to love it.

0:25.0

Now, for the favor,

0:27.0

I'd like you to go to invested podcast.com

0:30.0

slash rulers, R-U-L-E-R-S, and sign up for the Rule 1 investing six principles video series.

0:39.6

This thing rocks and these are the same timeless principles that guys like Warren Buffett have been using for 80 plus years.

0:47.0

Everybody, this is Bill Town.

0:52.0

This is Danielle Town. and we're here for

0:54.0

Invested Podcast where we talk about things like Rule Number One from Warren Buffett

0:59.4

and what the greatest investors do to figure out how to get great returns on investing and

1:05.3

practical things.

1:06.3

Value investing.

1:08.3

Yeah, practical things like value investing.

1:11.2

And why we would be doing it and what other choices we have

1:15.1

would be interesting and how to make this work in our lives.

1:20.4

So last time we had we had a bit of a crazy episode last time that blew my head off a little bit

1:28.0

in which we discussed the power of inflation.

1:33.0

Now I would like to say for the record,

...

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