Quote:
Originally Posted by Stu from NYC
When you consider inflation and paying taxes on the pitiful small interest rates available nothing is giving a positive return.
Markets go up and down and nobody can consistently figure out the highs and lows.
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My financial advisor figured this one out. We talked at the end of last year, he suggested some moves we should be making, because he stated that by mid to late summer, we’d most likely be looking at record inflation and high interest rates. (I have no idea how he could’ve predicted that, but here we are). Ok, maybe I do know how he figured it out, but I digress.