How to Protect Yourself from Inflation

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Investing, Education, Business

4.7 • 3.1K Ratings

🗓️ 19 March 2021

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

Inflation is a hot topic in the financial world right now. Our YouTube comment section attracts nay-sayers, claiming that the money we want you to invest today will not be worth as much in the future due to inflation. Let's address this! What is inflation? Why is it concerning? What action items should you take to protect yourself from it? We unpack it all in this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This one's for the trolls.
0:01.9	How to protect yourself from inflation.
0:05.4	It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,
0:12.2	investing, taxing.
0:14.1	You got financial questions, he's got financial answers.
0:17.7	It's Brian Preston, the money guy.
0:20.5	Brian, I feel like if you are alive today and out there in the financial world, whether
0:26.2	it's just check in your Facebook or reading articles or whatever, inflation seems to be
0:30.6	like this hot topic that everyone wants to talk about.
0:34.1	So if it's something so prevalent, so popular, perhaps it's something that we should weigh
0:38.4	in on.
0:39.4	No doubt.
0:40.4	You didn't eat no comment on trolls.
0:41.4	I mean, I wasn't talking about Justin Timberlake and Andrew Kendrick.
0:44.6	I mean, I'll tell you about the fact that on our YouTube channel, we love to share the
0:50.6	great news that 88 times over.
0:53.3	I mean, you start young enough, you start investing, you can build millions with just a little
0:58.9	bit today for that great, big, beautiful tomorrow.
1:01.5	But it doesn't take long and it totally interconnects with this topic today for a troll to crawl
1:07.7	out from underneath the bridge and go, gosh, I understand that that million dollars that
1:16.1	you guys are so excited about be worth 30 cents in 30 years.
1:19.6	And I'm like, no, you know, so, but I'm going to actually give a little attention to the
	...

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