- The article features an interview with the founder of Progress Wealth Management, discussing how to combat inflation.
- Inflation is the increase in the price of goods and services over time, which can erode the purchasing power of money.
- The interview covers several strategies for combating inflation, including:
- Investing in assets that tend to increase in value along with inflation, such as real estate, commodities, and stocks.
- Diversifying investments across different asset classes and sectors to reduce risk and improve long-term returns.
- Considering inflation-protected securities, such as Treasury Inflation-Protected Securities (TIPS), which are designed to keep pace with inflation.
- Creating a financial plan that accounts for the impact of inflation on long-term goals, such as retirement savings and college savings.
- The interview also highlights the importance of working with a financial advisor to develop a customized strategy for combating inflation based on individual goals and risk tolerance.
- Overall, the article provides insights and practical tips for individuals looking to protect their purchasing power and maintain financial stability in the face of inflation.
Just Peachie Show is a show where Peach Insurance Services, LLC’s Founder and CEO, Peachie Thompson, AALU, ALMI, ACS sits down with experts in the financial and insurance world to educate consumers in matters of finance, insurance and taxes (FIT). There is also a lifestyle edition where Peachie interviews experts on health, food and culture.
In this episode, Peachie Thompson, AALU, ALMI, ACS of Peach Insurance Services interviews Blaine Thiederman, MBA, CFP® who is an award winning tax and financial planning expert who specializes in helping high-earning individuals. They tackled ways on how to counter inflation.
Here are other ways to listen:
Some of the items discussed:
• How to keep income in pace with inflation.
• Can a second or even a third job help with the inflation?
• Is a bank a good place to keep your savings to keep pace with inflation?
About our guest speaker, Blaine Thiederman is an award winning tax and financial planning expert. It is his advocacy to push for unbiased financial education, advice and guidance to help his clients create their path to financial independence. He believes in true comprehensive financial planning that can provide the clarity and confidence necessary for families to understand and implement their own well-informed decisions.
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“Information shared during the show are opinions of the speakers and not advise for your specific situation. Consult your own specialist, attorney, CPA, financial planner or insurance advisor on all matters discussed in the Just Peachie Show”.