Feb 25, 2022
If you’re watching the financial news every day, you’re probably feeling a little unsettled. We’re in the midst of 40-year high inflation over 7% year-over-year. The Fed has announced three rate hikes when major firms are saying we need at least five to seven.
Cryptocurrency has gone through a series of even more extreme ups and downs, with investors experiencing swings from anywhere between 500 and 1,000 points.
All of this can be extremely daunting, especially if you’re on the verge of retirement (or recently retired). You want your portfolio to be able to keep you afloat no matter what happens in the market, and you need to be able to look at your accounts without making any rash decisions.
Today’s episode is all about how to do exactly that. You’ll learn how to make sure your portfolio can withstand volatile markets, get a grip on what you’re really spending each month, and how to take emotion out of your decision-making process.
From there, we then expand on the basics of cryptocurrency and discuss Project Hamilton, the collaboration between MIT and the Federal Reserve Bank of Boston to develop a hypothetical central bank digital currency.
In this podcast interview, you’ll learn:
To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com/63
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