Your money is quietly losing power every year #Inflation
Description
Inflation has been a major topic since Covid, especially for young people with student and health debts. But what is it? Inflation is simply the cost of living rising over time. It is a silent killer of your money. You do not notice it in the short term, but over 10 or 20 years it erodes your purchasing power.
To protect yourself, you need investments that comfortably outpace inflation. These are growth assets. Property. Infrastructure. Listed trusts. And high quality businesses in the share market.
The trade off is short term volatility. Markets rise and fall, but that short term noise is a far smaller risk than inflation eating away at your wealth.
If you invest too conservatively for too long, your money loses value and you run out.
General advice only. AFSL 495401.
#Inflation #CostOfLiving #Investing #WealthBuilding #LongTermInvesting
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Advice Disclaimer || Any advice given by the presenter/s has been prepared without considering your individual objectives, financial situation or needs. So, before you act on the advice you should think about whether the advice suits your objectives, financial situation or needs. If the advice relates to acquiring a financial product you should obtain a copy of the Product Disclosure Statement for that product and consider it before making a decision. This presentation has been prepared by Consortium Private Wealth Pty Ltd (ABN 74 616 250 965) (AFSL 495401). If you require advice which takes into account your objectives, financial situation and needs you should speak to a financial adviser.
Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Olivia Glare (ASIC Reg 1262290), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.
The information provided in this article is general in nature only and does not constitute personal financial advice.