The Power of Compounding: Reaping the Benefits of Long-Term Investing |
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Author:
| Hoeper, Monty |
ISBN: | 979-8-3868-8375-1 |
Publication Date: | Mar 2023 |
Publisher: | Independently Published
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Book Format: | Paperback |
List Price: | USD $10.74 |
Book Description:
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You are in your favorite supermarket, about to pay at the cashier.
You filled the shopping cart with the usual things your family loves. You zoom out while the checkout assistant is scanning your groceries. A voice brings you back to reality "it's $245. Would you like to pay with cash or card?"
You look at the checkout assistant, and your first thought is, "how can it be so much more expensive than two months ago? Did something else fall in my shopping cart?" and then...
More Description
You are in your favorite supermarket, about to pay at the cashier.
You filled the shopping cart with the usual things your family loves. You zoom out while the checkout assistant is scanning your groceries. A voice brings you back to reality "it's $245. Would you like to pay with cash or card?"
You look at the checkout assistant, and your first thought is, "how can it be so much more expensive than two months ago? Did something else fall in my shopping cart?" and then you realize the simple truth. Everything just got more expensive. Keeping up with inflation is not easy, which makes the task of profiting from inflation sound impossible. How could you increase your purchasing power instead of losing it during inflationary times? Is it even possible?