“What to do with my money during inflation?” is a common question I often get asked by clients.
Inflation is rising in Australia and is expected to rise further to 7% by the end of the year, and interest rates are going up very quickly. What should you do with your money in this environment? Watch the video to learn more about my advice to clients.
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▶️ How to protect your portfolio against inflation:
▶️ Saving vs. Investing: understand the 5 key differences:
Learn more about investing 👇
▶️ What is Stockspot Savings?
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▶️ What are the best high interest cash ETFs?
TIMESTAMP
00:00 – Intro
00:43 – Search for a better interest rate
01:02 – Alternative for savings – Cash ETFs
01:40 – Reducing the mortgage
02:42 – Paying off more personal loans
03:14 – Investments
03:58 – Opportunity to buy the sharemarket at a discount
Disclaimer: Stockspot Pty Ltd ABN 87 163 214 319 is a licensed Australian Financial Services provider (AFSL 536082) regulated by ASIC. Any advice contained in this video is general advice only and has been prepared without considering your objectives, financial situation or needs. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate taxation and legal advice. Investing into financial products involves risk. Past performance of financial products are no assurance of future performance. Please read our Financial Services Guide on stockspot.com.au before deciding whether to obtain financial services from us.
#inflation #interestrates #Stockspot…(read more)
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