How should you defend against Inflation? What are the best investments against Inflation? How does Inflation affect your wallet? I answer all of these questions in today's video! 🙌 FREE RESOURCES: ► Robinhood (get a free stock!) ➭ ► Patreon + See What I Invest In ➭ ► Coinbase (Get $10 in free Bitcoin) ➭ ► Join the Discord Community ➭ Timestamps: 0:00 - Start Here 0:55 - Format of Today's Video 1:20 - Quick Background 2:02 - How Inflation Impacts You (Short vs Long Term) 4:25 - 4 Things Inflation Affects 7:14 - Best Investments to Protect Against Inflation Inflation in the short term doesn't typically have a negative effect on stock prices, however, what we're seeing is that because of the looming EXPECTATION of inflation, we're seeing rates rise, and when interest rates rise, that's what usually has a negative effect on stock prices. The reason is simple, let's pretend the interest rate that the bank offers you is 12% on your money, and i
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)