Timothy Sumer

In this video, I'm going to talk about why saving money is actually making you poor and what to do instead. I'll explain how when you save your money, you're actually losing money due to inflation and opportunity cost. Saving money is a good thing, but if you're not careful, saving money can actually lead to poverty. In this video, I'm going to show you how saving money can actually put you in a poor financial situation. I hope that this video will help you to rethink how you're spending your money and help you to live a more financially secure lifestyle! 📈 Webull ► ⚡💰Buy & Sell Stocks, Pay $0 in Commissions! ✔️Get up to 12 FREE Fractional Shares Valued Up to $30,600 🔐 Ledger Wallets ► Protect Your Crypto & Get Off Exchanges!! ⚡💰 Nano S Plus, Nano X, and Stax: From $79!! ✔️ Completely Own & Control Your Crypto! 💵 iTrustCapital ► ⚡💰Open a Free Roth or Traditional IRA Here & Receive $100 ✔️ Buy and Sell Crypto

As inflation rates rise, it's crucial to arm yourself with the knowledge and strategies to protect your finances and secure your future. In this video, we present an inflation survival guide that equips you with valuable insights and practical tips to navigate the challenges posed by inflation. From understanding the causes and effects of inflation to exploring investment opportunities, budgeting techniques, and asset protection strategies, we cover a range of essential topics to help you safeguard your financial well-being. Join us as we delve into this comprehensive guide and empower yourself to stay ahead in the face of inflationary pressures. Inflation, Financial Planning, Personal Finance, Inflation Survival, Inflationary Pressures, Financial Education, Investment Strategies, Budgeting Tips, Asset Protection, Wealth Management, Inflation Effects, Economic Trends, Financial Security, Inflation Risks, Inflation Factors, Savings, Investments, Portfolio Diversificatio

This YouTube video explains the impact of inflation on stocks. Inflation is a major factor that affects stock prices and can drastically change the stock market. The video looks at how inflation affects the cost of goods, how it impacts the cost of living, and how it can affect stock prices. It also explains how investors can protect themselves from the effects of inflation. #inflation #stockmarket #investing #stockprices #costofliving #costofgoods #investmentstrategy #stockinvesting #financialplanning #inflationprotection... ( read more ) HOW TO: Hedge Against Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing What Happens to Stocks When Inflation Goes Up? Inflation is an economic phenomenon that refers to the sustained increase in the general price level of goods and services in an economy over a period of time. It erodes the purchasing power of a curren

Cost of living pressures have risen again, with inflation hitting a four-month high. The key drivers are rising fuel, rent and food prices. While inflation has been moderating since its December peak, it could rise further in the coming months due to oil, energy and food inflation increasing around the world. Economists say the figures mean it is unlikely the Reserve Bank will increase interest rates at its October board meeting. However, there could be one more rate rise before the end of the year. Subscribe: Read more here: ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: Watch more ABC News content ad-free on ABC iview: Go deeper on our ABC News In-depth channel: Like ABC News on Facebook: Follow ABC News on Instagram: Follow ABC News on Twitt

According to a recent Morgan Stanley survey, 66% of employees (vs. 62% in 2022) have reduced contributions to retirement savings, citing inflation and/or recession concerns. Why is this counter intuitive? Inflation is one of the biggest reasons NOT to cut back or even stop contributions to your savings! Over time, the cost of living rises and erodes your purchasing power. The ONLY way to beat inflation is to earn more from your savings than inflation itself. The more you save, the closer you can get to beating inflation. Build your savings 1st, and invest the rest. #beatinflation #inflation #personalfinancetips #retirementsavings #retirementincomeplanning #savingstips... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Here's How to Escape the Inflation Trap Inflation has become a growing concern for econo

A trip to the grocery store is costing us more. Pasta, soups and fresh produce have all seen significant price increases. But are there foods that haven’t gone up much in price? Andrew Chang finds answers to these food inflation questions and discovers a secret in the frozen food aisle. »»» Subscribe to CBC News to watch more videos: Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: Find CBC News on Facebook: Follow CBC News on Twitter: For breaking news on Twitter: Follow CBC News on Instagram: Subscribe to CBC News on Snapchat: Download the CBC News app for iOS: Download the CBC News app for Android: »»»»»»»»»»»»»»»»»» For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC New

Inflation is one of the most important concepts in economics. It’s also one of the simplest. It’s just the average rate that prices are rising. A small amount of inflation is healthy for an economy - but how is it calculated and what happens when it gets out of control? Subscribe to The Guardian on YouTube ► The Guardian publishes independent journalism, made possible by supporters. Contribute to The Guardian today ► Website ► Facebook ► Twitter ► Instagram ► ... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Inflation is a term commonly thrown around in conversations about the economy, but what exactly is it? In the simplest terms, inflation refers to the sustained increase in the overall price level of goods and services in an economy over time. This means that as time goes by, prices tend to rise, an

UK Inflation is destroying the UK Economy. This week the UK inflation rate was reported at 7.9%, a drop from 8.7% from the prior month. This means consumer prices are still up 7.9% from last year and WAY above the Bank of England target inflation rate of 2%. In conjunction with this, the Bank of England have hiked interest rates to 5%, up from the 0.1% they were just a couple of years ago, putting ever more financial stress on the UK public and taking the cost of living crisis to another level. Here are my thoughts on this latest piece of economic data and what I think the UK government and Bank of England should do about it... Recommended Platforms & Tools: 💰 Up To £100 FREE Share With Trading 212 Use PROMO Code “MITCH”: 📬 Subscribe To The FREE Weekly Market Memo: 📈 Learn How To Build Wealth With Investing: 📷 Instagram: @mitchinvesting #Inflation #InterestRates #BankofEngland *Disclaimer: Your capital is at risk. Some of these links may be affiliate links.

As many countries across the globe battle sky-high inflation, Switzerland’s economy is seeing something far less dramatic. Inflation in Switzerland hit a 29-year high of 3.5% in 2022. While high by Swiss standards, that figure is well below the double-digit inflation of comparable economies including the United States (9.1%), United Kingdom (11.1%) and euro zone (10.6%). On top of that, economists say it’s easing. “It’s coming down a little bit,” Tobias Straumann, professor of modern and economic history at the University of Zurich, told CNBC. So, what is it about the Swiss economy that’s allowed it to largely sidestep inflation, and what can other countries learn from it? Watch the video to find out. #CNBC #Inflation #Switzerland #Economy ----- Subscribe: CNBC International TV: Facebook: Instagram: Twitter: ... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Inve

In this video, we're going to talk about how inflation can be turned to your advantage and how you can build wealth by investing in assets that are immune to inflation. If you're looking to make money and build wealth, then you need to learn about inflation. In this video, we're going to talk about how inflation can be turned to your advantage and how you can build wealth by investing in assets that are immune to inflation. We'll also cover some tips on how to invest in assets that are immune to inflation, so you can get the most out of your money! #finance #inflation #investing... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Are We Being Played? The Hidden Reasons for Inflation Inflation is a concept that has become ingrained in our economic system. We hear about it on the news, see its impact on

Around one million households will have to drastically cut back their spending due higher interest rates and soaring inflation. Subscribe: Read more here: That's the warning from a prominent economist, who says Australia is just as likely to fall into a recession as avoid one. ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: Watch more ABC News content ad-free on ABC iview: Go deeper on our ABC News In-depth channel: Like ABC News on Facebook: Follow ABC News on Instagram: Follow ABC News on Twitter: Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia #AusBiz... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GO

#retirement #retirementplanning #retirementincome 10 Countries to Retire on a Small Pension, Social Security, or With Very Little Money. Are you seriously thinking about retiring abroad but not sure where your perfect place may be? Retiring abroad is an exciting prospect that can involve some difficult decisions. For most, finding the right balance between quality of life, a country’s appeal, social security and cost of living is the best starting point for narrowing down options. If you’re thinking of retiring abroad, we are going to help you by providing you with a list of top 10 places where you can retire comfortably. 00:00 | Start 00:27 | Cuba 01:22 | Bulgaria 02:21 | Philippines 03:10 | Montenegro 04:01 | Paraguay 04:51 | Argentina 05:42 | Belize 06:41 | Greece 07:26 | Colombia 08:13 | Malaysia Make sure to subscribe for more inspiring travel destinations ➡️ ⬅️ retirement planning,best places to retire,cost of living,inflation,climate change,economy,interest

Rising interest rates and unemployment won't be far from the minds of those who lived through Australia's last major recession in the 1990s. But in 2023, with a debt-laden nation paying off homes many bought at record high prices, rising rates mean a new type of misery. Australia's housing market has completely changed the nature of our economy. And as Alan Kohler reports, many of the old economic rules may no longer apply. Subscribe: ABC News In-depth takes you deeper on the big stories, with long-form journalism from Four Corners, Foreign Correspondent, Australian Story, Planet America and more, and explainers from ABC News Video Lab. Watch more ABC News content ad-free on ABC iview: For more from ABC News, click here: Get breaking news and livestreams from our ABC News channel: Like ABC News on Facebook: Follow ABC News on Instagram: Follow ABC News on Twitter: Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustrali

Many factors are taken into consideration when choosing a country for retirement, like healthcare, climate, cost of living, infrastructure and so forth. But generally the most important & first thing of consideration is the retirement visa policy of the desired country. A retirement visa is a residence permit that allows one to spend his golden years abroad. To qualify for this type of visa, retiree is required to go through serval procedures & requirements set by the country’s government. Each year we do an update of top countries to retire in. This year, we have only mentioned countries with a straightforward Retirement or pensioners visa program. Furthermore, the ranking is set according to the right balance between cheap and quality to make sure all classes of people are satisfied. So with that, here are 15 Easiest countries to Retire in 2023 SUBSCRIBE : FOLLOW : Thanks for watching be sure to subscribe for more amazing content!... ( read more ) LEAR