Preserving Purchasing Power in Changing Economy

Key Takeaways:

1. Understanding purchasing power is crucial for successful investing.
2. The value of investments should be measured relative to a metric that can't be manipulated by a central authority.
3. Long-term investments should aim to outperform the hurdle rate and protect against the devaluation of currency.

 

Chapters:

Timestamp Summary

[0:00:37] Introduction and sponsorship information

[0:02:09] Discussion on the importance of understanding valuations and inflation

[0:03:32] Comparison of the current economic situation to the UK in the 18th and 19th centuries

[0:05:17] Explanation of using the average price of a US home as a baseline for investment projections

[0:07:20] Projection of home price growth and its impact on purchasing power

[0:09:05] Comparison of investment options such as S&P, Bitcoin, and bonds

[0:11:23] Evaluation of the impact of investing in bonds on purchasing power

[0:12:33] Evaluation of the potential growth of investments in Bitcoin and company equity

[0:13:18] Importance of pricing net worth in terms of purchasing power

[0:13:55] Comparison of current billionaires to millionaires in the 1920s

[0:14:25] Comparing the wealth of John D. Rockefeller and Elon Musk

[0:14:54] Importance of considering currency and its value in investments

[0:15:22] Investing long term money that grows significantly above the hurdle rate

[0:15:53] Avoiding the “money printing tax” by investing wisely

[0:16:24] Disclaimer and advice on consulting financial professionals before implementing strategies

 

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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.