Investing from an early age became critical, as advancing years bring increasing financial obligations that can limit available funds.
Catching up in later years is not a desirable scenario.
Investing from an early age became critical, as advancing years bring increasing financial obligations that can limit available funds.
Catching up in later years is not a desirable scenario.
Can investing really hedge against the rapid inflation rates we see now?
Investing can act as a hedge, but it's not foolproof. Diversification and a long-term strategy are key to managing inflation risks effectively
Can you explain inflation in a simple way?
Inflation is when the value of money decreases over time, causing prices to gradually rise. So, the same amount of money buys a bit less as time goes on
And what is deflation?
Simple explanation.
Deflation means prices drop over time, so money can buy more. However, it often signals reduced demand or economic slowdown, which comes with its own challenges
How would a deflationary society work?
Simply put. It's an economic situation where too many cash is chasing fewer goods.