Short YouTube monologue arguing that millionaires are increasingly middle-class due to inflation and currency risk, and recommending using spending to buy inflation-hedging investments—particularly real estate—because property values and real-cash-flow (when financed) rise as currency weakens. The clip invites viewers to follow for more real-estate advice.
Most of us used to think of millionaires as the rich and famous. Nowadays millionaires are actually in the middle class, at least for now. One day they might actually be poor. It all depends on how the currency holds up. Protect yourself from inflation How? It's actually pretty easy. You just have to spend your money. I know it sounds kind of weird but here's how. Don't just spend it willy nilly on consumables which are quickly gone. Trade your dollars for investments like real estate. When you're holding real estate you benefit from inflation because the value of the asset rises when the currency gets weaker. And if you buy your proper with a loan from the bank, inflation makes the monthly payment seem lighter and easier with each passing year because inflation actually increases your cash flow. That's why they say all money either starts out or ends up in real estate. If you'd like to learn more about real estate, follow us for more.
Physicians and High Earners — What Real Estate Can and Can't Do for Your Taxes
