One topic that we simply cannot avoid right now is inflation, which is at its highest levels in 40 years. Politicians in Washington are spending trillions of dollars that we do not have, and the Federal Reserve has continued to print money to provide a false sense of security in the economy. When you keep creating money that does not exist, inflation is the unavoidable outcome.
Now, we have a huge mess on our hands that cannot be easily fixed. So what is your best course of action to navigate the realities of inflation? Host Lou Scatigna, CFP® explains in this segment from The Financial Physician.
Your financial advisor is like your doctor. You better have the right one, or you are going to be in trouble.