One of the first books I read on money was “Creating Wealth” by Robert G. Allen. I learned many things from this great book, but one that sticks out in my mind for the economy today is the following:
“Don’t count your dollars until they have passed through the strainers of taxes and inflation.”
This means that every method of investing is impacted by both taxes and inflation, and you cannot compare results unless you look at your returns after these two powerful forces take their share.
Today I want to focus on inflation.
With inflation at 40-year highs, it is very important to look at how this impacts our investment choices and our ability to build wealth...Click here to read the full article...
Best of luck and let me know how I can help,
Founder, Building Arks
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