Keeping Up with the Joneses
Lifestyle inflation can be the enemy of wealth building. What could happen if you invested instead of buying more stuff?
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Without even realizing it, most people are familiar with protection-first thinking. If you remember travelling on an airplane in a not too distant past, you would recall this important point in the safety demonstrations “In the event of sudden decompression, secure your own oxygen mask before helping others.”
A look at 1031 Exchanges, a real estate investment strategy that may allow you to defer your capital gains taxes.
It's important to understand how inflation is reported and how it can affect investments.