4 Articles About Money I Read This Week On Medium

0 20
Avatar for MoneyCanWorkForYou
2 years ago

And You Should Too

Photo by Karolina Grabowska from Pexels

Intro

The world is in a weird place now in 2022. We are still in an ongoing pandemic. Inflation is rising to levels we haven’t seen for 40 years. And largest military conflict since WWII has broken out in Europe between Russia and Ukraine. There is a lot of uncertainty about how all of this will unfold. Here is a list of stories I found useful to read during these times. The list is in no particular order.

1.

Did you know that by holding onto money for long periods of time you actually become poorer? It’s really important to realize just what inflation means for your wealth in times like these. This article by 

Jamie Bullock gives a good view of how money is losing value over time. And provides some tips on how to prevent losing purchasing power. In his article - All Your Money is Going to Zero

2.

Joseph Mavericks in his article dives into how the pandemic and economic stimulus has created 439 new billionaires last year. And at the same time wealth gap has grown and the poor have gotten poorer.

The gap between the rich and the poor has widened like never before during the pandemic. As much as unprecedented levels of riches can create a favorable environment for entrepreneurs and founders, it’s important to consider that a system that allows for the top 0.01% richest individuals to hold 11% of the world’s wealth at a time where solidarity and equality are needed the most cannot be considered efficient. — Joseph Mavericks

I Analyzed the Wealth Data of 2,768 Billionaires — Here Are the Results

3.

Jamie Bullock provides a look at market cycles and the psychology of investing. While everything in the world seems going the wrong way, it just might be the right time to buy assets beaten down in the market. History has shown time and time again that market cycles always repeat themselves.

Bull Markets Make You Money, Bear Markets Make You Rich

4.

Ben Le Fort does a good job of explaining the math behind investing in bonds. And how investing in bond ETFs versus individual bonds can soften the blow of interest-rate hikes.

Have Bonds Become a Worthless Investment?

1
$ 0.16
$ 0.16 from @TheRandomRewarder
Sponsors of MoneyCanWorkForYou
empty
empty
empty
Avatar for MoneyCanWorkForYou
2 years ago

Comments