In this episode, Mike looks at the latest economic review from Ronald Blue Trust. He also discusses several other points:
- Can you solve your financial problems by winning the lottery?
- Market fluctuations aren’t a punishment for being an investor, they are the admission fees.
- Wealth is financial assets that haven’t been converted into the assets you see. Living large doesn’t mean you are wealthy.
- True Wealth comes from wanting what we have – be content!
- I have more cash than I need for retirement. Where should I put it?
- Are we in or headed for a recession now?
- What type of investments are doing the best?