Inflation is scary. Not only does it erode the value of pensions, social security, and money in the bank, but it also encourages the Fed to raise interest rates, which is likely to tank the stock market. How the heck are we supposed to invest in this kind of environment?!
We share our specific strategies not only for investing during an inflationary time, but also for ways to actually get ahead and avoid being negatively impacted by inflation.
We love sharing our finances and financial investments with you and look forward to starting a conversation where we can all offer each other tips, feedback, and good investing ideas.
#inflation #investing #personalfinance
00:00 Intro + Important Rules Principles
01:30 How to Be a Seller
02:05 Individual Stock Success
02:35 Should you invest in individual companies?
02:55 Dividend Investing Strategy
04:30 How to Benefit from a Financial Crisis
05:05 ETF Investing Strategy
06:05 What if you HATE losing money and bond strategy
07:48 Investment strategy recap
08:30 Stop doing this during inflation
10:19 How to earn more…(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Inflation is an unavoidable reality that affects everyone in some way. It is the result of an increase in the cost of goods and services, which can make it difficult to save money. However, there are ways to make a profit from inflation. Here are some tips to help you make the most of this economic phenomenon.
1. Invest in Real Estate: Real estate is an excellent way to profit from inflation. As prices rise, so does the value of your property. Investing in real estate allows you to benefit from the appreciation of the property over time, as well as from rental income.
2. Invest in Gold: Gold is a great hedge against inflation, as its value tends to increase when inflation does. Gold is a great way to diversify your portfolio, as it is a tangible asset that can help protect your wealth from the effects of inflation.
3. Invest in Stocks: Stocks are a great way to profit from inflation. When inflation rises, companies tend to increase their prices, which can lead to higher stock prices. Investing in stocks can be a great way to benefit from this trend.
4. Invest in Bonds: Bonds are another way to benefit from inflation. When inflation rises, the value of bonds tends to increase as well. This is because bonds are typically issued with a fixed interest rate, so when inflation rises, the value of the bond increases.
5. Invest in Commodities: Commodities such as oil, wheat, and corn are another way to profit from inflation. When inflation rises, the prices of these commodities tend to increase as well, making them a great way to benefit from inflation.
Inflation can be a difficult economic phenomenon to navigate, but there are ways to make a profit from it. By investing in real estate, gold, stocks, bonds, and commodities, you can make the most of this economic trend and benefit from the appreciation of these assets.
Its great to see that you are expanding your content. Can't wait for the future
1899 to 1982
Grandad US population 70 million to 200 million. No electricity to Space Shuttle.
1931 to 2014
Dad US population 140 million to 330 million? Great Depression. 70% of Americans making a farm related living! 1931.
1959 to 2023+++
Me US population 200 million to ???
Party line phone/pay phone to 5g Smart phone.
Remember 2010 and 3g slide phone?
Now you can make a living from your phone. Do stocks. Banking. From a van/car/hotel anywhere there is a connection. Blog.
Social media. And more.
I would be looking at how to work from a cell phone if young now. That's the ticket. Or laptop that is a phone too.
I know I am the dopey OWG.
I have had a very unique life though. Lived in all the outdoor places. Except up North Northeast.
Made all the silly financial mistakes.
There are 40 million boomers moving around. Millions of immigrants. Who will have kids.
20 years wherever you pick will boom especially if southeast or southwest. A great migration is happening. Florida. They all live within 12 miles of the coast? Ask Lancaster Palmdale CA.
Jackson or Cleveland TN
Athens GA area.
NC triangle.
Phoenix.
Vegas.
You get the point. Choose wisely.
One thing here is they laid the groundwork. Adam is not in his 20s. 20 years plus 15 = 35…..being generous. Social Security ain't much $1530+-, minus Medicare which you have to accept. If you don't your other insurance cancels you. It cost $230 a month currently. For those age 65+.
Insurance is a big deal. I have $240,000 in knees alone. IF YOU ARE ACTIVE LIFESTYLE it wears you out. Ask Elise she had back issue. She is YOUNG.
Adam has worked awhile. He doesn't know his posterior horn of medial meniscus is probably screwed. Or L4 L5 from roofing. But he is G. Now.
I was able to do complete retirement from 2009 to 2016. Done. Based on what I did from 1980 to 2003. MY SECOND LIFE period.
0 to 20 years to 40 to 60 years, or six lives 10 20 30 40 50 60. Same thing. Life plan financial plan.
Take your pick. I currently support or help support 8 people right now. Retired.
I can live in coated 1 inch thick cardboard boxes. Easy. Most can't. Or a van parked in BLM FS Walmart.
State Park.
Apartments are absurdly costly now. $1000 to $3800
a month. Try finding a house. In TN GA FL NC or anywhere near a city. Ask Nashville.
$6500 a month retired two people how far you gonna travel on that? $12,000?
All my friends. Retired. In 50s are divorced. Men or women most had no kids. Or one. They sold homes lately at the high point.
They walked with $400k to $800k cash on hand. Did not put it in stocks. Plus they have medical. Plus a retirement check. No debt.
The only folks I know totally retired in their 40s are military people with zero debt. No kids. Not married. Mostly retired officers O6 or above.
Retired totally. Big fat 401k from 20 years working plus matching by employer. Plus savings. Plus Roth. Maybe paid off house. Or two.
All these 401k's are stock based. Treasury. Etc.
Annuities. Pension. So you must know monthly expenses. The budget most don't write out. Like me. Don't care. But I am retired. Totally.
Rentals have to managed, maintained, evictions, damage. Dog attacks. Falls. Trips. Crazy people moving in with renter not on lease……
And you have to buy the properties you rent.
Inheritance. They help if lucky. I got $25000 over the years. Bought wasted asset, the car.
You get the point. You have to work to make it happen.
How long depends on how your stocks do if that is the plan.
I would find 4 people retired from stocks and talk to them. Sandy Louis my man is dead. My Dad CFO lawyer CEO is too.
My brother is an ass about it. That leaves Adam who sure as hell ain't texting me. Lol. Ever.
Nothing but love for them anyway.
Not sure about your area, but local farmers sell eggs for $2 dozen.
ELISE and ADAM a good morning from France. Although I am not a financial expert, I have watched your video twice, and I find it clear and precise. I wish you success in this area, it is the way that will allow you to continue your current adventures, and to retire early for more freedom. Kisses to both of you. DAN
ELISE et ADAM un bonjour de France. Bien que je ne suis pas un spécialiste de la finance, j’ai visionné deux fois votre vidéo, et je la trouve claire et précise. Je vous souhaite de réussir dans ce domaine, c’est le moyen qui vous permettra de continuer vos aventures actuelles, et de prendre votre retraite anticipée pour plus de liberté. Bises à vous deux. DAN
Good to see you guys doing this kind of videos, new subscriber!!
Collectables, just not PEZ. The boy wonder of Wall Street, Cy Lewis, son Sandy. If only Sandy were still alive. I would call him. Damnit.
My take is stay the course, it is not like we have not seen this before. Like 2008. As for raising your price it works best for high dollar items that are cheap aka inexpensive, like a $7 coffee at Dutch Brothers 911. IT TAKES YOUR JOB TO FUND YOUR STOCK PURCHASES OR ROTH OR 401K OR SOCIAL SECURITY. YOUR CRAPPY JOB IS THE TICKET TO WEALTH IRONICALLY. UNFORTUNATELY.
I suited up for combat 2003. Said F it lets roll. Did the military, All the construction/carpet mills/plants/police/hospitals were a waste of time. Low pay end. Low pay government will get you there eventually. Not sexy but works especially federal. Ask people. Rich people, hey how did you do it? I did and promptly did the opposite. Not spending can shorten the trip by decades!!!!!!!!
Defintiely years. You can control that. What do you want to do the lifeplan? You have three lives. Maybe four. 20 years each. 20 40 60 80 death or low 90s? What are you going to do with each?
The most money you can save immediately is eating differently and not driving combined with a cheap efficient auto. And not spending. Debate every expenditure and always check the internet first. Discipline.
Also Ironically recreationwise two or four people splitting gas and going to Yosemite is about the cheapest trip you can take, still. It is $2-3 a gallon with two people. $1 a gallon with four.
I am banking on using the house to be debt free again. Even though it just lost 50k since summer up here. Sell it when I am 70.
Doctors Lawyers Dentists are tradespeople. They have to work the hours to get paid or perform the service. What are they rich from? Real Estate, investments, 401k/Roth……most of them, and as Dave Ramsey says 30+% of his everyday millionaires are cops married to nurses. COMMON THEME THE JOBS MADE THEM RICH NO JOBS NO RICH.
You guys are intelligent too!!
Dave!
watch companies making electric car batteries etc,,, great new channel!
This was really informative. Thanks you two! Glad you started this channel.
I am curious why don't you move out of California.? Eggs in Ohio are only $3.50 , gas is only $2.95. You could save even more and your money would go farther meaning you target day to retire could move up sooner. . There are other less expensive places to live. Also might try growing your own micro greens, I've seen some just growing them in jars. Micro greens are packed full of nutrients in other words you get a lot of bang for your buck.
Another great, fun (and insightful) vid…thanks for sharing.
Whhaaattt…you two have been hiding this!!
Awesome info!! New subscriber here now!!
Molybdenum is used in dry lubricants for one thing.
Do you factor in the expense ratios for what you invest in? The main reason I invest in index funds is because of the low ratios. Thoughts on High Yield Savings Account? I store a good bit in a high yield account currently at 3.5% apy, super easy to get if you need and as the feds raise rates the apy goes up accordingly…
What’s this?! Algorithm serves up a new LH^2 channel? Great content as always
Sounds like you've really done your homework! Keep up the good work and you'll soon be traveling the world!
THIS IS FOR THOSE WHO WANT TO DO THE WEST. RETIRE TO THE WEST. LIVE IN THE WEST. ROAM THE WEST.
You can save $880 a month not driving two cars that get 26mpg in California, not including the registration fees. $3500 for three years extra. Gasoline was literally why I left the state. They also have a fee on everything. like lumber you buy at lumber store, plastic bottles, you name it. Also income tax. I saved $22000 a year not living there and my wife saved $22000 not including the 178k 2500sf house we bought in Tennessee when we left. Free registration for Disabled Veteran, one tag/plate limit. Property tax was $78 a month. But you are in Tennessee/NC/North GA. Not The SIerra Nevada. La Sals. Teton. Cascades. Rockies/Colorado.
If you drive gasoline is the worst expense along with vehicle maintenance costs. To get onto Edwards AFB can be a 60 plus mile drive from Lancaster/Mojave/Cal Shitty.
Into Yosemite from Mariposa/Oakhurst/North Fork/other, two hours one way to Valley.
I bought and sold four house the past two years. I am in Washington now which is not California but it is easily $2000 more a month more expensive than TN AL MS GA KY. NC is getting pricey as is Atlanta which includes a 50 mile circle past the suburbs. Houses went up $225 a foot in Tennessee, think about that from $78!!! 2016 to 2021-22.
Here they dropped 50k since I bought mine, and the intrest rate went from 3.25 easy to get to 6.25.
Where you live matters. the time dilemna, if you have money you have no time, and if time no money. However, you can take one hell of a trip for $22,000 from TN to the THE WEST. "Rango".
The problem people have is they cannot drive for 8 days, and gas prices once you pass Oklahoma CIty. My Jeep, Wrangler., gets 17mpg, that would cost me $2600 plus in gasoline now, just to take it straight down US 93, Ely (Great Basin) over to Cedar City UT or out between Mesquite and Las Vegas. The destination obviously Saint George UT aka Zion aka North Rim aka Toroweap, drive through at Bryce and Capital Reef on way over to Moab.
Go to Glacier/Yellowstone, thats closer, 600-800 miles, Death Valley/Yosemite/Sierra Nevadas/Bristlecone is 900 miles, and it is at least 700-800 miles to drive aroud Death Valley for 4 days. 400 to go to Kings Canyon/Sequoia or more if you cut over Walker Pass. From Washington the closest place is to Crater to Redwoods back up Oregon/CA coast to Hood area, across the Columbia to Rainier.
If you are into the SOCAL West excursions there you go. Bring $5000 rent a dirt road capable vehicle. START AT LAS VEGAS. Unless you are going to Yellowstone then start at Salt Lake, Jackson WY is an international airport, Boise. Glacier is like an 8 hour drive from Yellowstone. You can drive to Zion/Bryce/Moab-Arches-Canyonlands easier than going to Glacier from Yellowstone!
I like California. Washington has a winter but here in Ellensburg starting March Suns out for seven months. Snow melts buy July enough to hike. If you like to hike, shorter hikes that are spectacular it has them. Lots. My favorite hiking anywhere is Northeast Yellowstone and Teton. They have the wildlife. Beartooth if you do not like the NPS hassling you over trying to park with your dog. Walk with your dog.
IN THE SUMMER IN THE WEST YOU GO FOR ABOVE 7600 FEET. 6600 IS JACKSON. MOAAB IS 5600. WHY? BECAUSE YOU WANT IT 50 DEGREES AT NIGHT 84 TOPS IN THE DAY.
MOUNT TRUMBULL AZ IS 7000. NORTH RIM 8000+. MAMMOTH CA 7000-8000. CASCADES are further North so make the cut. Tioga Pass Yosmite 9600 outside the gate is NF.
Lake at Yellowstone is 8000+. Shaver Lake is 6000+ but Courtright is 8000. Colorado is all above that. Wyoming is but buyer beware if not Wind River Range or Yellowstone Teton. Idaho is little dry remote. YOU CAN CAMP AND CAMPING IS CHEAP!!!!! And it mostly does not rain in the great basin, for sure, but generally all these inland areas.
Hence the question? What do you want to do? Where do you want to live? Live where you work or work where you live? Adam and Elise could easily work seasonal but do not strike as the type.
They can earn more travel seasonal, the west is not a friendly place in the winter, mostly. As for Europe, don't go. Don't want to. The only place I want to go is Okinawa. Japan. In December.
Van life is kinda stupid in my opinion. I have lived in a tank. With 3 dudes. APC with 13 dudes.
Nothing wrong with boring dividend stocks. Just ask Warren Buffet! I don’t mind much the dips either like March 2020 covid scare selloff, I was “buy buy buy”. In a very broad long term sense, i was wondering what the impetus for positive (total) stock momentum will be over the next 30 years. Was 1920-2020 an anomaly with industrial then chemical then tech booms driving growth? Especially if population and innovation growth slows. Some earnings growth will be achieved through further automation/productivity but that is the unfun side of cost cutting. It really feels like the baby boomers enjoyed the right side of the curve in stocks/real estate/ uncrowded National Parks. Ok, time to invest in some chicken coops.
Good information! I purchased investment property with cash last year and wish that I had instead took out mortgages when they were at 3%. I could have bought significantly more and been paid to borrow in real terms (i.e. inflation is greater than the cost of borrowed money)!
Also, while inflation depends on what you spend your money on (everyone's true inflation rate is a bit different), food has been the craziest for me. In less than a year my food budget has more than doubled and I am buying pretty much the same as I used to. I've been considering getting into productive farm land through a REIT or direct fractional ownership just as a hedge.
I appreciate the way you present the information and don't get bogged down in technical jargon (though I know sometimes it's unavoidable). What is making coinbase stand out amongst other options, apart from the drop in price?
Good information. I agree with your ideas.
This was great, tnx! Super idea at the end about earning more. Another old saying I like is "When everyone is scared, you should be greedy; when everyone is greedy you should be scared". Adam's look at coinbase is a great example. You guys are doing great (also good advice on staying away from, in general, individual stocks) and the other thing to mention is to STAY CALM – and you both are doing that masterfully! BTW, Adam should charge your neighbor a commission – LOL. Take care, have a great weekend! Paul