원문 보기
Welcome back to Passion World Talk Radio Network. And on today's episode, it's a special report about the billionaire founder and CEO of a hedge fund, Citadel. His name is Ken Griffin, and he's one of the top Republican parties donors. But yet he had a few harsh words for the president of the United States.
And the headline reads, "GOP, mega dunner issue stark warning for US retirees. I'm a retiree. Legally now you have to be 69, but there are plenty of people who retired at 65 and even at 55. So listen up. Trump's Fed attacks may carry a steep cost for your savings. Yes, your money that you put in deducted from your paycheck for the last two billion years, right?
Take care of you and your family should something happen to you. How to protect your nest egg as well as soon as possible. So what did he say in the Wall Street Journal and a OpEd? Griffin blasted the current president's attacks on the Federal Reserve and warned of economic fallout which that kind of influence can bring.
quote, "The president's strategy of publicly criticizing the Fed, suggesting the dismissal of governors, and pressuring the central bank to adopt a more permissive stance towards inflation carries steep costs." Griffin wrote to Annel, A N I L Cash App, K A S H Y AP, an economics professor at the University of Chicago.
The Fed has been tasked with maximizing employment and keeping prices stable, but it recently lowered its benchmark rate by 25 points, basis points, and has signaled that they will do so two more times. And it's noted, quote, "Inflation has moved up and remains somewhat elevated." Side comment. In an article I read yesterday, they're comparing what's happening right now as the glittering age of the roaring 20s.
And we all know what's around the corner after the roaring 20s. Griffin has argued that the current president's best interest is to let the Fed act independently so it can make the tough decisions needed to tame inflation. That's paying more money and on a limited income that we put away income grow.
It's stagnant, undermining the Federal's reserve independence and letting it bow to political pressure permits inflation to rise unchecked, which means that tens of millions of retired Americans will see their savings diminished. Senior voters tired of bearing the brunt of inflation could cost the administration dearly in the midterms.
One leads to the other. Inflation can erode the purchasing power of money. Side note, in Germany during the war, my mother told me that her father used a whale barer because their money had been devalued so much that it took a whole wheelbarrow full of it to buy a single loaf of bread. Think about that.
Over the past five years, the US consumer's price index has jumped 25%. And looking back further, it's even more sobering. According to the Federal Reserve Bank of Minneapolis, $100 in 2025 buys what $1205 did in 1970. And for me on a limited income, that's sobering. Is there any good news? Savvy investors have long turned to certain assets to help protect their wealth from inflation's bite, regardless of how poorly the Fed does its job.
Gold has helped people preserve their wealth for thousands of years. And the same thing appeals to the 21st century. And unlike paper currencies, gold can't be pro printed at will by central banks. So it's regarded as the ultimate safe haven. However, gold is not tied to any one country, currency or economy.
And in terms of economic turmoil or geopolitical uncertainty, investors, well, they flock to it and they drive the price of gold even higher. Like what's going on with cryptocurrency over the past 12 months, the price of this precious metal has surged more than 35%. Ray Delio, founder of the world's largest hed fund, Bridgewater Associates, has repeatedly emphasized gold's importance in a resilient portfolio.
Quote, "People don't have typically an adequate amount of gold in their portfolio." He told CNBC earlier this year, "When bad times come, gold is a very effective diversifier. A gold IRA is one option for building up your retirement fund with an inflation hedging asset. Opening a gold IRA with the help of gold coco allows you to invest in gold and other precious metals and fiscal forms while also providing the significant tax advantages of the IRA which is fine if you can afford it.
With a minimum purchase of $10,000, Gold Cold offers free shipping and access to a library of retirement resources. Plus, the company will match up to 10% of qualified purchases in free silver. If you're curious, go over to the website and download your free gold and silver information guide today. Real estate.
Gold isn't the only asset investors rely on. Real estate has proven to be a powerful hedge, too. When inflation rises, property values often increase, reflecting the higher costs of materials, labor, and land. At the same time, sold's rental income tends to go up, providing landlords with a revenue stream that adjusts for inflation.
Over the past five years, the S&P cultality K Schiller US National Home Price NSA index has jumped by more than 50% reflecting a strong demand and limited house supply. Of course, with the higher home prices, it can be more challenging, especially when the mortgage rates still are elevated. And being a landlord is handson work.
Managing tenants, maintenance, and repairs can quickly eat into your time and your investments and your return on that investment. The good news is you don't have to buy properly immediately or deal with legally faucets to invest in real estate. Crowdfunding platforms like arrived a r i ded offer an easier way to get exposure to this income generating asset class backed by worldclass investors like Jeff Visos.
Arrived allows you to invest in shares of rental homes with as little as $100, all without the hassle of mowing lawns, fixing leaky faucets, or handling difficult tenants. The process is simple. Go over to the article, take a look, and read what they have to offer. Another option is First National Realy Partners, the FNRP, which allows accredited investors to diversified their portfolio through grocery anchored commercial properties without taking on the responsibility of being a landlord.
And the article goes on and tells you what you need to do. You can get all this information at moneywise. They consider it their responsibility to produce accurate and trustworthy content that you can rely on to inform on your financial decisions. And they tell you they get their vetted sources such as government data, financial records, and expert interviews and highlight the credible third-party reporting when appropriate.
So go on over and take a look and see what you can afford or not a failure. And if you have a financial counselor, call them up, make an appointment and talk with them and see what they advise. I have a financial advisor. He helps me see the light when otherwise it's a foggy day. Interested in special reports?
see an article or one of person interview because they hold the key to your rainbow of success whether it's personal or career. Email us pwrnetwork llcgmail.com. Tell us who and what article or person you would like to have come on and be interviewed or you have an idea for us, let us know. This is an interactive one-on-one. So tell us PWR Network LLC atgmail.com and have a terrific week.
댓글 0