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Investing in Real Estate with Clayton Morris | Investing for Beginners

876: Prepare for What’s Ahead: Inflation, Recession, & High Taxes - Episode 876

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Business News, News, How To, Business, Education, Investing

4.11.1K Ratings

🗓️ 8 September 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

We’ve seen a lot of changes in the economy over the past few months: interest rates are rising, inflation hitting record highs, and the White House recently announced the Student Debt Relief Plan. Most Americans are feeling the pinch of inflation in their wallets, but what you might not have considered is how these external factors are impacting your nest egg and your retirement plan.

On this episode of Investing in Real Estate, you're going to learn how the state of the economy is impacting retirement accounts and savings accounts across the board. I'll also share an action plan you can take to protect your wealth, and why real estate is a critical part of any retirement plan. Click play to hear what's coming in the economy!

Transcript

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0:00.0

Welcome into the investing in real estate show. I hope you're all doing well at the

0:09.4

beginning of September. There's a number of data points that I want to talk about on today's show because I believe the coming recession is going to be worse or worse and different than anything we've really seen before because there are a number of things at work that we've never seen employed by governments around the world before.

0:28.0

And we've also not been coming out of a major pandemic where we had globalists who are

0:35.2

forcing a reset of our entire world economies, forcing people into lockdowns,

0:40.6

driving businesses to close small businesses.

0:45.0

And then of course, big corporations and big businesses did just fine.

0:49.0

In fact, many of them had record profits.

0:52.0

So we know where the head is of the federal governments around the world.

0:57.0

Now it's up to us to protect ourselves and that's what this show is all about.

1:01.0

If you're new to the show, welcome, welcome, if you're new to the channel, welcome,

1:06.0

we have an archive of great help here to help you become a more informed investor and build

1:12.3

a portfolio of real estate and buy hard assets.

1:16.4

That is my goal.

1:17.6

So whether it's real estate or it's some sort of a commodity like gold or silver, I really want you to think about that is the number one way to protect your family's wealth.

1:28.0

It's not what's happening in the 401k. So we've seen a lot of changes in the economy, okay, over the past few months, interest rates,

1:36.7

skyrocketing, inflation hitting 40-year highs.

1:43.6

And the White House recently announced last week, of course, this Student Loan Reduction

1:48.5

Plan, which don't even get me started on this.

1:56.0

Now if you really wanted to fix America's student loan problem, of course you would address the real issue,

1:58.0

which is predatory lending in student loans,

2:01.0

in addition to which paying for these for-profit colleges that are literally

2:06.1

destroying an entire generation of people because there's no way you can dig out from that debt.

...

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