How to Invest When Inflation Is Killing Your Savings | 577

Inflation can kill your savings and that’s why you have to be strategic and diversify it. There are many ways you can make your money work for you without losing it to inflation! Watch this video now to learn more about the strategies you can use to diversify your income the way I do it so you can continue generating income no matter what the economy looks like!Key Talking Points of the Episode[00:00] Introduction[01:57] How will inflation affect us?[02:53] What should we do? [03:50] Liquid Savings[04:43] What my emergency fund looks like [06:37] AHP Title[07:18] What do you do with the rest of your money?[07:52] Investing in tertiary markets[09:22] Being safe even through a crash[10:12] Focusing on income generation[11:02] Boring is sexy[12:18] Why depreciation doesn’t matter in my investmentsQuotables“I’m not saying that it’s gonna be hyperinflation, I’m not talking about like Germany in the 1920’s or Zimbabwe or Argentina - I don’t think it’s gonna be that extreme.”“If anything, I think there’s gonna be inflation possibly followed by stagflation.”“Everything is always different. Nothing ever repeats the exact same way.”“I’m just gonna say stay away from that kind of stuff, especially if in an instant it can be gone. Do not get caught up in that kind of hype.”“I love leverage and I like to do that, but I like to keep my money liquid. I like to keep it safe because more important than getting return on your money is getting return of your money.”“It’s not just about trying to get your money to work for you, it’s about doing it in the right order, in the right way.”