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Richer Soul, Living A Life on Purpose!

Life beyond money! You got rich, now what? Welcome to Richer Soul. Your journey to a more purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well-being to be able to do what you want, when you want, how you want. Bringing balance to Health, Wealth, Time, Relationships, and Spirituality.
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Jul 25, 2023

Epochal Change in the Financial Markets

 

Are you wondering why it feels like your money is losing value despite assets like stocks being near all-time highs?
 
Financial expert Todd Tresidder and Rocky Lalvani reveal we've entered a new economic epoch characterized by high inflation, rising interest rates, and more volatility.

Takeaway: We are facing a new economic reality and the rules of the past no longer apply. Understanding the new rules and having a plan to navigate them will help you to continue to build your wealth.

Bio:  Todd Tresidder graduated from the University of California at Davis with a B.A. in economics and a passion for creating successful businesses. A serial entrepreneur since childhood, Todd went on to build his own wealth as a hedge fund investment manager before "retiring" at 35 to teach others. Today, he provides advanced investment and retirement planning education at FinancialMentor.Com showing you what works, what doesn’t, and why based on a depth of proven experience.

 

Highlights from this episode: 

  • We are entering a new "economic epoch" characterized by high inflation after a long period of low inflation. Interest rates are also now in an upward trend after declining for decades.
  • The government response to COVID with massive fiscal stimulus was a key trigger that helped kick off these changes. This led to inflation coming back in a structural way.
  • In this new environment, conventional investing strategies like passive index funds are likely to struggle and have poor real returns for 10-15 years. Tactical asset allocation is better suited for this period.
  • Financial repression by the government is likely, meaning inflation will outpace asset returns but it will be gradual enough that most people don't fully realize it.
  • Various risks like duration risk and liquidity risk are emerging that can turn into solvency crises. More volatility and turning points are expected as the economy goes through this transitionary period over the next decade plus.
  • Understanding these dynamics is key so individuals can adapt their investment strategy and spending to preserve wealth through this economic shift. Being prepared ahead of time is critical.

https://www.financialmentor.com/invest

Previous episodes with Todd:

http://richersoul.com/ep-0020-richer-soul-creating-an-investment-process-with-todd-tresidder/

https://richersoul.com/ep-107-using-leverage-to-increase-wealth-and-decrease-risk-with-todd-tresidder/

 

Richer Soul Life Beyond Money. You got rich, now what? Let’s talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let’s figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It’s about personal freedom!

Thanks for listening!

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rocky@richersoul.com

Some music provided by Junan from Junan Podcast

Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

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