It all comes down to interest rates. As an investor, all you’re doing is putting up a lump-sump payment for a future cash flow. – Ray Dalio “Interest” is interesting, understanding this in personal finance or investment term will make you wealthy or poverty-sicken. Sadly most people only focus on borrowing on lower interest rate […]
Category: wealth building
What is Inflation?
Inflation is a form of tax, a tax that we all collectively must pay. – Henry Hazliz Inflation is devaluation of fiat currencies against the current reserve currency of the world dollar. Personally I will compare devaluation of fiat currency value to the real money gold. After “second world war” gold became the reserve currency […]