Tag: inflation
-
Inflation nation
To understand wealth building in America today, you must understand inflation, for it is the force that drives the economic engine. Back in the day of Solomon, the medium of exchange was measured in quantities of goods with intrinsic value like precious metals, livestock, fabric, and, yes, even slaves. Inflation was a non-entity. Today’s investor…
-
Successful investing – the short version
Avoid bad debt. Seek good debt. It’s a pretty sure bet that King Solomon would not have been in favor of running up your credit card balance to the upper limit so you can own the latest high-definition big screen television or a sporty new car. This is categorized as icky debt. It will destroy…