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How to start making your money work for you
If you don't inflation will kill you
Welcome To The Long Wealth Newsletter (7/25). (est. 4 min read)
In today’s newsletter we will go over:
The importance of staying up to date for current events
Why inflation is the silent wealth killer
And much, much, more..
Actionable Tip Of The Day
Always make sure to stay up to date of current events.
Here’s why:
Understanding market trends can help you make more educated decisions about buying, selling, or holding stocks.
Being aware of of economic and political factors affecting markets allows you to better assess and manage risks in their portfolios.
Keeping up with market news can help you reveal potential investment opportunities or emerging sectors.
Current events provide context for understanding why certain stocks or sectors are performing the way they are.
It will also help you develop a broader understanding of economic cycles and long-term trends.
And look I’m not saying you have to check the news/market 24/7.
All you have to do is keep your eye on what is going on in the current market.
P.S. If you want access to accurate and precise data, join the waitlist for MarketDash
Top Links Of The Week
Deep Dive
Inflation is the silent wealth killer.
This is the general increase in prices of goods and services in an economy over time, resulting in a decrease in the purchasing power of money.
This means things get more expensive over time, and your money buys less than it used to.
The government and banks try to keep inflation under control. They want prices to go up a little (which can be good for the economy) but not too much (which can cause problems).
That’s exactly what you need to start investing.
Start letting your money work for you.
That’s how you beat inflation.
Darold Trinh
Long Wealth Newsletter
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