Thursday , 28 March 2024

Survival Investing: Stop the Inflation Monster From Devouring Your Savings – Here’s How (+2K Views)

Don’t let the inflation monster devour your savings and retirement. It will unless you take positive steps to protect your savings and retirement. I have the answers as to:

  • why inflation occurs,
  • why your purchasing power will decrease,
  • what happens if you don’t protect your purchasing power, and
  • how to protect your savings and retirement.

So says GE Christenson (www.deviantinvestor.com) in edited excerpts from his post* entitled Will The Inflation Monster Devour Your Savings? which acts as an introduction to his new eBook entitled Survival Investing With Gold and Silver.

Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!), has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement

Christenson goes on to say:

Inflation will destroy your savings unless you prepare and Survival Investing With Gold and Silver will help you do just that. Below are some questions you might well have regarding my book and my answers to each:

1. Question: Is this book simple and easy to understand?

Answer: Yes!

2. Question: I don’t have any excess money. Can this book help me?

Answer: I suggest many ways to reduce your expenses so you can invest more money each month.

3. Question: I have an IRA or 401k that is barely growing. Will this ebook help?

Answer: Yes – I offer a number of suggestions to help your IRA grow faster and safer.

4. Question: What about my retirement funds? Are they safe? Will inflation hurt them? I’m really worried about my retirement funds – can you help me understand what to do?

Answer: I offer suggestions that will help you protect them from inflation.

5. Question: I’m afraid that my savings won’t last if prices really start to rise. Is that true?

Answer: I explain and show tables that clearly show what happens in ten years.

6. Question: We have been told that gold is a bad investment because it earns no interest. If that is so, why do they tell me my money market, which earns practically nothing, is a good investment?

Answer: I discuss gold and accounts that earn next to nothing.

7. Question: Is it true, as we are often told, that a little inflation is good and, if not, why not?

Answer: I explain the consequences of inflation.

8. Question: Do you understand why inflation is built into our financial system?

Answer: Most people do not, but I explain it in simple terms, and show you what it means for your finances.

9. Question: Do you understand that Quantitative Easing or debt monetization is little more than old-fashioned “printing money?”

Answer: The result is that the money supply increases and so do prices. I explain how and why.

Conclusion

Don’t let the inflation monster devour your savings and retirement. It will unless you take positive steps to protect your savings and retirement. My book offers an explanation for why inflation occurs, why your purchasing power will decrease, what happens if you don’t protect your purchasing power, and how to protect your savings and retirement.

If you need the answers to the above questions, order my new eBook for only $4.99. My eBook, “Survival Investing With Gold & Silver,” is available on this website, from Smashwords, and from Amazon Kindle eBooks.

*http://www.deviantinvestor.com/1635/will-the-inflation-monster-devour-your-savings/

 

Editor’s Note: The above post may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

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