Ep4: Cash

Your largest position is likely cash.  Let's not simply ignore it.  People are losing spending power on their cash every single year, and this is unfortunate, but it does not have to apply to you.  With a little bit of up-front effort, you can start every year on the plus side instead of the minus side with your largest position.  We discuss a few ways how.

 

USD discussion and diversification video -

https://youtu.be/xh0kyy-Mg8E

 

World’s Safest Banks - https://d2tyltutevw8th.cloudfront.net/media/document/press-release-worlds-safest-banks-2020-1602792478.pdf

 

Purchasing Power of the USD from 1635 to 2020 -

https://www.statista.com/statistics/1032048/value-us-dollar-since-1640/

 

Purchasing power of the USD from 2010 to 2020 -

https://www.inflationtool.com/us-dollar/2010-to-present-value

 

Offshore bank info for US Citizens (Paid service, but the free info is solid) -

https://globalbanks.com/foreign-bank-accounts-for-us-citizens/

 

More on offshore banking -

https://www.offshorecompany.com/banking/best/

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Check out my Forex trading material too!

https://nononsenseforex.com/

 

The host of this podcast is not a licensed financial advisor, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned.

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