The Labor Department recently stated that the Consumer Price Index jumped 7% last year. That is a 39-year high! While some say that the inflation will ease soon, we should all recognize it as a part of American life. Today we feel richer because of the greater money supply; but when prices catch up, the feeling changes.
Unfortunately, most of us do not have jobs that give us 7% annual raises, so if we cannot keep up with this sort of inflation, we are financially worse off in real terms. So how do we go about beating inflation? We need to invest in real assets.
Why Real Estate?
Real Estate as an asset class historically has maintained or beat inflation, and the income produced from these assets pay investors to own them. Whereas savings accounts and bonds are not up to the task, and stocks are temperamental, real estate is selected by the wise as a place to hold and grow their illiquid wealth and grow passive income.
Working Professionals
As working professionals, one of the best things that we can do is to save a portion of our earnings to invest outside of our 401kโs and stocks. Snowballing our wealth through passive investing in real estate syndications is one way to grow wealth and keep your time. Of course, it is important to get educated, develop the investment mindset and know and trust those with whom you invest.
Sign Up For Our Newsletter ๐๐พ
Subscribe to My Channel ๐๐พ
๐กInvest Your Retirement w/ eQRP
– I Rolled My 401k Into eQRP to Passively Invest In Apartments