Wow, I was expecting a technical video, but got a pleasant surprise! Once again Leila proved that she is a great teacher explaining inflation and how to counter it so well! I really got cleared on inflation and it's impact! Thank you! 😊👍
I been in business over 40years with full success n progress, but never paid attention at all to the word "inflation" or what financial reports say or predict, but for the first time now i begin understand deeply and clearly, what inflation means and its impact on our daily life. You did a great job and good work dear Leila in this simple but very serious video. All the credit goes to you, and your great easy way of explain things in simple manner with examples and numbers.Keep the good work, and thanks to you indeed. I wish you endless progress with success in any good and useful things you do in your ongoing life. Thanks once again and God bless you, and the good things you do.
@@phucanhmraz I was not being sarcastic. Ms Gharani does have a degree in economics. The comment was my way of acknowledging that and appreciating her informative commentary on the current state of affairs.
I agree. Love Leila‘s teaching style and great to see her teaching economics. I love technology but primary focus is on business finance, so really appreciate her branching out here. Thank you Leila!
I’m astonished, I thought you were a Microsoft excel expert, in this video not only did you give some great advices on how to protect our living standard, you’ve also made a great lesson on economics, simple and effective. Thank you very much indeed
Thumbs up Leila from Argentina. We get 4% inflation monthly and it's been like this for eons. Direct consequence: 50% of our population is at or below the poverty line.
I know your central focus is Excel, but I really enjoy your non-Excel videos, be it for other Microsoft products, or Google Docs or accounting and economic education. Keep it coming.
Please do a video on the types of stocks (commodities, etc) that do best in inflationary times. You have a very flexible teaching style. This was very well done.
All good except for one point. Gold does, in fact, have intrinsic value. It is very useful in electronics and certain industrial applications. Paper dollars and cryptocurrencies do not have any intrinsic value - they only have value as long as someone is willing to accept them as payment for actual goods and/or services.
And the big thing about physical gold in your own posession is that it does not have counterparty risk, there are very few assets like that. Gold has all the characteristics of money, you can store large amounts of value in a small space for as long as you like. Imagine trying to store gasoline or lumber as a store of your hard earned money, both would deteriorate over time and your value would go to zero
Excellent video Leila! I love your teaching style! It's very impressive that you can address different subjects so thoughtfully and eloquently. Please do more videos like this! Thanks for all you do!
Great advices, Leila! You are the undoubted Office Master, yes. But I think you should create more of these finance videos, because you have a natural talent of explaining things and it's an area where you are competent obviously.
A lot of people before me put in nicely but, yes. I agree I was expecting to check out a brand-new Excel tip. But I am presently surprised. I have just spoken with my friend about inflation as he sees the opportunity in it; while me being a lot afraid of what entails in the second half of 2021. Great video.
Great summary, anyone worried about inflation might consider looking into an event that happened in sept 2019, the bank repo rates spiked really high, this was serious, the Federal reserve bank had to print tonnes of currency. The currency was dying long before the global pandemic.
I love this video, I subscribed your channel just because this video. This one much better than teaching how to use Excel, your Excel class is best though. I want watch more these kind of videos. Your explaining is
Interesting video for your channel, and very well explained. Your example (for the highest inflation in the world) made me feel sad but very realistic. Great Job Leila!!!
Amazing video. You explained inflation better than my economic professor. I am in love with you. I love listening and learning from you. I hope you will start teaching some IT courses soon. I am moving on from accounting to IT.
I think Precious Metals (like Gold and Silver) are one of the best way to maintain a “store of wealth”. But not “paper” gold or silver (like SLV and GLD)! Buy real gold and silver that you can hold in your own possession. As is said many times…. “If you don’t hold it, you don’t own it”! Thanks for the video!
I'm happy that I'm a subscriber and got notified of this content. I was really intrigued to see why you'd be talking about inflation. I found the video very informative!
As an Excel fan of this channel, I was surprised by the content. While I agree with much of what was said, it could be also said that some assets are more liquid (more easily sold in a hurry) than others and property is likely among the least liquid, while gold and widely traded shares are among the most. Interesting departure from the much appreciated spreadsheet norm.
I feel sorry for people who follow this investment strategy. There are critical flaws in the underlying presumptions relating to inflationary pressures and expectations.
I love watching your videos and thanks to you that I have come a long way in Excel in just a few weeks. Today's video was quite refreshing and answered few questions that I have been contemplating myself. I have been meaning to tell you, I am addicted to your videos, only because I find it quite soothing when say "Left or Right" mouse click... Thank you for today's video looking forward to the next one...by the way, will do one on MDX functions as I am struggling to do calculated fields in OLAP Pivot.
Hi Leila, thanks for the update, it is very informative! I am looking further to the topic and would appreciated a minor help.. my question is about the 5,3 trillion.. what congress bills does it sum?
I subscribed to this channel for the Tech advice and the cool tips that I learned even after working on computers for over 20 years. I really appreciate the financial commentary. It was very well produced and put in a way that I could understand it. And it. This was an excellent episode I definitely am going to share.
Leila, I had never heard you talking about something different from informatiics before, and I see that you did very well! Congratulations for your popularizing skills.
Thanks for taking on this topic & making it easy to grasp. I was anticipating some Excel formulas to calculate & predict... but i am happy with the entire video. Great going
L’art et la manière d’expliquer clairement des choses que beaucoup rendent complexes pour le plaisir. Très bonne approche pragmatique, simple et détaillée. Bravo, une fois de plus.
Good info. Two comments: Inflation is really a description of the amount of currency in circulation; prices follow, at least when artificial government controls fail...as they are now. Second, gold, and even more so, silver possess intrinsic value because of their industrial use. That's why they always hold value over long term. You can buy roughly the same amount of gas for the same amount of silver at most historical points over the decades.
agree az-2 Gold, disAgree az-2 Silver, which iz Y, in termz of 'lawFul Money', Silver iz Not Sanction'd for purchases greater in Value above Five Dollars, & 'Coppers' Not above One Dollar; all other purchases were required 2B done in Gold Coin. &, excess currency only drives inFlation to what extent it circulates in the Consumer markeplace, & Not elseWhere
Leila thank you, but what if you did a video like this for people on fixed incomes like retirees, teachers etc. Your REIT discussion peaked my interest, I will have to ask my investment guy. Yes I am a little teacher... The veggies I buy for my church food bank just jumped up 16 percent from last week
Great job explaining a very complex situation. Hopefully we are only experiencing the residual effects of the pandemic. Depleted inventories and the reduction of production and supply is a major culprit. But there is so much more. Shipping cost have gone up. Cargo containers were a scattered mess. Empty containers were piled up on docks where they weren't needed. On the other side, containers were in short supply. There is a shortage of truck drivers, especially with fuel tankers. During the pandemic demand for gasoline was down and these specialized truckers were laid off and found other work. So, I assume it will take more money to bring them back. Maybe if demand goes down supply can catch up and prices will come down. But there are other factors that are at play that have nothing to do with the pandemic. For example, the western US is in an historic drought. If this doesn't change, food prices are going to get even higher. Agricultural and cattle farmers are in desperate need of water. I fear we are in the midst of a perfect storm. Speaking of which, we are entering hurricane season. A major hurricane in the gulf, and worse, one that hits Port Fourchon or Houston, gasoline prices will be going way up. Which effects the price of everything. You should really consider getting an electric vehicle. And then there's that employment thing. Jobs are available and wages are up. But will that increase be passed on to consumers? Of course it will Will those higher wages create more demand? If demand does go down, will that led to layoffs once inventories are replenished? Like the lady said, no one knows. Other than all of that, everything is fine. Except I can't sleep, which is why I'm typing this at 2:40 in the morning.
Great points. Employment issues are primarily driving the current inflation concerns. But things should normalize by fall. Hopefully. We should always hedge against inflation with investments, as inflation happens regardless, especially in mixed market and complete market economies.
Wow, you're mastery of different subjects is impressive! Those are some great tips! I think you're spot on to invest in real estate, but like everything in life it has its ups and downs. Real Estate prices in Chicago are already too high compared to a few years back. The smart investors buy low and sell high. By the time news like these come to light it's already a little too late. It's the hot potato game---the person that buys high will end up getting burn. :)
Actually....true inflation is an expansion of the currency......which in turn reduces the purchasing power of the currency and this causes the prices to rise.
She mentions that as a factor around 2:20 but I wish that aspect of it was talked about more. It's not just a supply chain/demand issue. It's governments trying to SPEND their way out of debt. Many things lose value when there's too much of it - if all my neighbors & I owned a Ferrari, it wouldn't seem like such a big deal.
Well, yes, there has been some year-over-year inflation, but most economists think that this will NOT be an ongoing level. This current leve is due to supply outstripping demand due to the massive stimulus spending and lags in supply chains.... Look at government bond yields,....the long end of curve has gone down!
Science is not consensus. Most economists (which not really most, just those with a megaphone) are repeating what the Fed says... reporting has changed and the Fed has perverse incentives to not tell the truth in the short term.
We're seeing a tremendous increase in inflation on raw material used to produce products that provide us a good standard of living in real estate (steel) and machinery (copper, steel). 50% higher than last year and it started increasing around August 2020. My company and others are trying to eat up the margin but it's going to be very unbearable since we're losing money.
Great information Leila. Looks like it’s time to dump bonds in favor of REIT ETFs , value stocks and gold. It was good to learn about inflation and its impact on everyone. I know you can’t give financial advice and I get that. Wondering what you think of long term CDs once interests rise and high dividend ETFs.
Great video Leila. Might I suggest, instead of paying attention to the bitcoin price over 11 years, look at the hash rate, the uptime of the bitcoin mining and the number of fraudulent bitcoin transactions that have been processed. (ie. Hash rate continually grows, uptime for past 11 years is more than 99%, and zero fraudulent transactions)
Leila, you’re indeed touching on the root cause of inflation: the printing press. Nevertheless some advice from my part: don’t rely too much on the advice of old men like Buffet. Note that the official inflation figures are intentionally heavily understated because it’s excludes real estate for example and is thus highly arbitrary. In reality inflation is much higher. Therefore the risk of holding fiat currencies is much higher than holding commodities with real intrinsic value (such as gold and bitcoin). Bitcoin has the same characteristics as gold but on top of that it is easily transferrable, highly divisible and tamperproof. But it’s a relatively new asset class, so the performance (200% per year since it’s existence) comes with a price: volatility. The best investment advice I can give everyone is to read The Bitcoin Standard by Saiffedean Ammous. And if you really think that ‘COVID-19’ was the reason for further stimulus I would highly advice to read The Big Reset by Willem Middelkoop or The Road to Ruin by James Rickards.
See if you can find a reputable, local, coin shop, first. For online purchases, there are many good options, but Apmex, Sprott Money, Gold Silver Bull & Golden State Mint, are all reputable as well. I think it's a good idea to buy physical silver as well as gold, if you're o.k. with higher volatility, fyi.
Hi Leila. Great advice! And, we can all use our EXCEL skills to chart whether we are winning or losing.. haha!! One more strategy.. invest in yourself by increasing your knowledge and marketable skills, so you can make more to pay the higher prices. A good example.. any of your EXCEL courses :)) Thumbs up!!
What are good examples of businesses that generate cash and doesn't consume it? And the other way around? Great video by the way Leila! Are these tips applicable to the EU? We don't have the same type of savings or even the same saving culture in Europe than in the US.
Wow, I was expecting a technical video, but got a pleasant surprise! Once again Leila proved that she is a great teacher explaining inflation and how to counter it so well! I really got cleared on inflation and it's impact! Thank you! 😊👍
Glad you liked it! 😁
@@LeilaGharani do you have a platform for investing tips?
I've been aware of the rising inflation for a while. Now that my favorite tech skill channel is reporting on it, my concern has jumped 2 points.
I been in business over 40years with full success n progress, but never paid attention at all to the word "inflation" or what financial reports say or predict, but for the first time now i begin understand deeply and clearly, what inflation means and its impact on our daily life. You did a great job and good work dear Leila in this simple but very serious video. All the credit goes to you, and your great easy way of explain things in simple manner with examples and numbers.Keep the good work, and thanks to you indeed. I wish you endless progress with success in any good and useful things you do in your ongoing life. Thanks once again and God bless you, and the good things you do.
Please, Leila, continue posting on this subject - you have your way of sending ur message across. Excellent selection and timing
Wow! You are more than just an excel guru.
Thanks! 😃
Nice to see that your degree in economics is more than a piece of paper that is framed and hangs on the wall.
Is this meant to be a sarcasm? Anyone can copy and paste nowadays, you don't need an economics degree to do this video 🙄
@@phucanhmraz I was not being sarcastic. Ms Gharani does have a degree in economics. The comment was my way of acknowledging that and appreciating her informative commentary on the current state of affairs.
I agree. Love Leila‘s teaching style and great to see her teaching economics. I love technology but primary focus is on business finance, so really appreciate her branching out here. Thank you Leila!
As an ex bank economist and strategist this was a very good explanation of inflation and investment options.
I’m astonished, I thought you were a Microsoft excel expert, in this video not only did you give some great advices on how to protect our living standard, you’ve also made a great lesson on economics, simple and effective. Thank you very much indeed
Glad you liked it!
Thanks Leila.
Some people seem surprised that you have a life beyond Excel.
Eat, Sleep, Query, Repeat...
I have been watching your IT videos for long but this is out of the box. Excellent loved it.
Glad you enjoyed it!
Thumbs up Leila from Argentina. We get 4% inflation monthly and it's been like this for eons. Direct consequence: 50% of our population is at or below the poverty line.
I'm sorry to hear that, Daniel!
I know your central focus is Excel, but I really enjoy your non-Excel videos, be it for other Microsoft products, or Google Docs or accounting and economic education. Keep it coming.
Thanks, will do!
Nice reference to Ben Bernanke’s quote about sub-prime mortgages, I just finished reading The Big Short today.
Simple and Informative..👍
Thank you 🙂
My country was mentioned on this (Venezuela) ? ... wow! Awesome that you quoted Charlie Munger 👌👌
Great job as always explaining a complex topic in a very accessible way! Each strategy has it's pros and cons and you covered them thoroughly.
I couldn't say it better. Her video was clear, concise and thoughtful.
Please do a video on the types of stocks (commodities, etc) that do best in inflationary times. You have a very flexible teaching style. This was very well done.
THANKS!!!!!! for pulling this HUGE topic together into easily understandable chunks!!!
All good except for one point. Gold does, in fact, have intrinsic value. It is very useful in electronics and certain industrial applications. Paper dollars and cryptocurrencies do not have any intrinsic value - they only have value as long as someone is willing to accept them as payment for actual goods and/or services.
And the big thing about physical gold in your own posession is that it does not have counterparty risk, there are very few assets like that. Gold has all the characteristics of money, you can store large amounts of value in a small space for as long as you like. Imagine trying to store gasoline or lumber as a store of your hard earned money, both would deteriorate over time and your value would go to zero
Excellent video Leila! I love your teaching style! It's very impressive that you can address different subjects so thoughtfully and eloquently. Please do more videos like this! Thanks for all you do!
Thank you so much, David!
Great advices, Leila! You are the undoubted Office Master, yes. But I think you should create more of these finance videos, because you have a natural talent of explaining things and it's an area where you are competent obviously.
A lot of people before me put in nicely but, yes. I agree I was expecting to check out a brand-new Excel tip. But I am presently surprised. I have just spoken with my friend about inflation as he sees the opportunity in it; while me being a lot afraid of what entails in the second half of 2021. Great video.
Thank you!
Great summary, anyone worried about inflation might consider looking into an event that happened in sept 2019, the bank repo rates spiked really high, this was serious, the Federal reserve bank had to print tonnes of currency. The currency was dying long before the global pandemic.
I love this video, I subscribed your channel just because this video. This one much better than teaching how to use Excel, your Excel class is best though. I want watch more these kind of videos. Your explaining is
Awesome, thank you!
Interesting video for your channel, and very well explained. Your example (for the highest inflation in the world) made me feel sad but very realistic. Great Job Leila!!!
Thank you!
Amazing video. You explained inflation better than my economic professor. I am in love with you. I love listening and learning from you. I hope you will start teaching some IT courses soon. I am moving on from accounting to IT.
I’m an avid stock investor so this will be interesting. Nice to see you outside of excel land!
I feel like I’m back in my economics class, with real advice and a much nicer teacher.
😁
Wow, that's a great video!. Personally, I want more of these types of videos. Thanks again for these hacks.
I think Precious Metals (like Gold and Silver) are one of the best way to maintain a “store of wealth”. But not “paper” gold or silver (like SLV and GLD)! Buy real gold and silver that you can hold in your own possession. As is said many times…. “If you don’t hold it, you don’t own it”! Thanks for the video!
👍
What an eye-opener thank you very much
Nice and made simple. And a well diverse channel. Thank you.
Thanks for watching!
This channel shows great content for MS Office as well as economics! Wow.
I'm happy that I'm a subscriber and got notified of this content. I was really intrigued to see why you'd be talking about inflation. I found the video very informative!
Awesome, thank you!
Awesome pivot from... er...well...Pivot Tables Leila!
Impressive and informative!
Thank you so much 😀
Thanks for the information. Options are always good.
As an Excel fan of this channel, I was surprised by the content. While I agree with much of what was said, it could be also said that some assets are more liquid (more easily sold in a hurry) than others and property is likely among the least liquid, while gold and widely traded shares are among the most. Interesting departure from the much appreciated spreadsheet norm.
I only buy food and the necessities. I used Mint to track my spending habit.
You always take important topics, Thank you so much for sharing...👍
So nice of you!
Out of the box topic 😀
Well explained & Good advice 👍
Thank you 🙂
Very grateful for this video which so lucidly deals with an important issue, I wish you would stand for politics!
Very timely, thanks Leila
Thanks, Leila, for setting this up! Please go on with such issues beside your great MS Office tutorials. Kind regards from Berlin, Germany
Thank you! Will do!
I feel sorry for people who follow this investment strategy.
There are critical flaws in the underlying presumptions relating to inflationary pressures and expectations.
I love watching your videos and thanks to you that I have come a long way in Excel in just a few weeks. Today's video was quite refreshing and answered few questions that I have been contemplating myself. I have been meaning to tell you, I am addicted to your videos, only because I find it quite soothing when say "Left or Right" mouse click...
Thank you for today's video looking forward to the next one...by the way, will do one on MDX functions as I am struggling to do calculated fields in OLAP Pivot.
Hi Leila, thanks for the update, it is very informative! I am looking further to the topic and would appreciated a minor help.. my question is about the 5,3 trillion.. what congress bills does it sum?
I subscribed to this channel for the Tech advice and the cool tips that I learned even after working on computers for over 20 years.
I really appreciate the financial commentary. It was very well produced and put in a way that I could understand it. And it. This was an excellent episode I definitely am going to share.
Thank you, Rob!
My Teacher! - Subscribed! Please teach us more.
Welcome aboard :)
wow!! This is something new in your channel.. Good points.. Thanks for sharing !!
Glad you liked it!
Leila, I had never heard you talking about something different from informatiics before, and I see that you did very well! Congratulations for your popularizing skills.
Thank you so much! I do have a few other finance and accounting videos on the channel.
I like this type of additional content! Keep it coming!
Thank you! Will do :)
wow this is a very good information about the inflation . i can say nothing but thanks . once again thank you leila
You are Amazing!!! Watch all your excel tips and now economics and finance...awesome!!!
Glad you like them!
as always, the best in advice, information, look and smile. thank you so much dear Leila. 🥰
You're so welcome, Joe!
Thanks for taking on this topic & making it easy to grasp.
I was anticipating some Excel formulas to calculate & predict... but i am happy with the entire video.
Great going
Thursday we'll be back to Excel :)
Really useful and timely information! I frequently return to your videos for technical reference and this gives me one more reason to click in!
Glad to hear that, David!
Thank you very much! You are a wonderful teacher, independently from the topic.
Thank you! 😃
Wow..I never really understood the inflation concept. You explain it better Leila, thank you.
You're very welcome, Victoria!
L’art et la manière d’expliquer clairement des choses que beaucoup rendent complexes pour le plaisir. Très bonne approche pragmatique, simple et détaillée. Bravo, une fois de plus.
This is only the second of your videos that I have watched - now subscribed! Useful summary of a complex issue, thanks so much.
Welcome aboard!
This is great! Your content keeps getting better and better.
Thanks a ton!
Good info. Two comments: Inflation is really a description of the amount of currency in circulation; prices follow, at least when artificial government controls fail...as they are now. Second, gold, and even more so, silver possess intrinsic value because of their industrial use. That's why they always hold value over long term. You can buy roughly the same amount of gas for the same amount of silver at most historical points over the decades.
agree az-2 Gold, disAgree az-2 Silver, which iz Y, in termz of 'lawFul Money', Silver iz Not Sanction'd for purchases greater in Value above Five Dollars, & 'Coppers' Not above One Dollar; all other purchases were required 2B done in Gold Coin.
&, excess currency only drives inFlation to what extent it circulates in the Consumer markeplace, & Not elseWhere
Really like this content. You make great financial preparedness videos. 👍🏼
Leila thank you, but what if you did a video like this for people on fixed incomes like retirees, teachers etc. Your REIT discussion peaked my interest, I will have to ask my investment guy. Yes I am a little teacher... The veggies I buy for my church food bank just jumped up 16 percent from last week
Great job explaining a very complex situation. Hopefully we are only experiencing the residual effects of the pandemic. Depleted inventories and the reduction of production and supply is a major culprit. But there is so much more.
Shipping cost have gone up. Cargo containers were a scattered mess. Empty containers were piled up on docks where they weren't needed. On the other side, containers were in short supply.
There is a shortage of truck drivers, especially with fuel tankers. During the pandemic demand for gasoline was down and these specialized truckers were laid off and found other work. So, I assume it will take more money to bring them back.
Maybe if demand goes down supply can catch up and prices will come down. But there are other factors that are at play that have nothing to do with the pandemic. For example, the western US is in an historic drought. If this doesn't change, food prices are going to get even higher. Agricultural and cattle farmers are in desperate need of water.
I fear we are in the midst of a perfect storm. Speaking of which, we are entering hurricane season. A major hurricane in the gulf, and worse, one that hits Port Fourchon or Houston, gasoline prices will be going way up. Which effects the price of everything. You should really consider getting an electric vehicle.
And then there's that employment thing. Jobs are available and wages are up. But will that increase be passed on to consumers? Of course it will Will those higher wages create more demand? If demand does go down, will that led to layoffs once inventories are replenished? Like the lady said, no one knows.
Other than all of that, everything is fine. Except I can't sleep, which is why I'm typing this at 2:40 in the morning.
Well explained, great😃
Great points. Employment issues are primarily driving the current inflation concerns. But things should normalize by fall. Hopefully. We should always hedge against inflation with investments, as inflation happens regardless, especially in mixed market and complete market economies.
Wow, you're mastery of different subjects is impressive! Those are some great tips! I think you're spot on to invest in real estate, but like everything in life it has its ups and downs. Real Estate prices in Chicago are already too high compared to a few years back. The smart investors buy low and sell high. By the time news like these come to light it's already a little too late. It's the hot potato game---the person that buys high will end up getting burn. :)
Very true. The challenge is to find the right moment :)
You're the best kind of person ♥
Wow, so timely! I was thinking of building a deck this year until I priced the lumber. 3x the price since last year - gonna have to wait 😊
😁
Something different, Nice. appreciate it.
Thanks for listening
Obrigado 👏👏👏👏👏👏👏👏
Actually....true inflation is an expansion of the currency......which in turn reduces the purchasing power of the currency and this causes the prices to rise.
She mentions that as a factor around 2:20 but I wish that aspect of it was talked about more. It's not just a supply chain/demand issue.
It's governments trying to SPEND their way out of debt.
Many things lose value when there's too much of it - if all my neighbors & I owned a Ferrari, it wouldn't seem like such a big deal.
Well, yes, there has been some year-over-year inflation, but most economists think that this will NOT be an ongoing level. This current leve is due to supply outstripping demand due to the massive stimulus spending and lags in supply chains....
Look at government bond yields,....the long end of curve has gone down!
I hope you're right!
Science is not consensus. Most economists (which not really most, just those with a megaphone) are repeating what the Fed says... reporting has changed and the Fed has perverse incentives to not tell the truth in the short term.
Thanks for the informations
Thank you for your good advice and have a better choice for life for this vdo clip to educate you for sharing your experience.😃
We're seeing a tremendous increase in inflation on raw material used to produce products that provide us a good standard of living in real estate (steel) and machinery (copper, steel). 50% higher than last year and it started increasing around August 2020. My company and others are trying to eat up the margin but it's going to be very unbearable since we're losing money.
I feel for you and your business, Walter! I hope things will cool down.
Hi Leila... Really interesting topic. Would like more of such economics related and finance content in the near future...
Noted!
We are suffering from the triple whammy of inflation, salary stagnation, and the pandemic.
Thank you for the great advice Leila. It is very refreshing to see that you wear multiple hats!
What a surprise to see this on your channel! Very cool. The observations you made sound good. Thank you.
Glad you enjoyed it, Jerry!
Great information Leila. Looks like it’s time to dump bonds in favor of REIT ETFs , value stocks and gold. It was good to learn about inflation and its impact on everyone. I know you can’t give financial advice and I get that. Wondering what you think of long term CDs once interests rise and high dividend ETFs.
Great video Leila. Might I suggest, instead of paying attention to the bitcoin price over 11 years, look at the hash rate, the uptime of the bitcoin mining and the number of fraudulent bitcoin transactions that have been processed. (ie. Hash rate continually grows, uptime for past 11 years is more than 99%, and zero fraudulent transactions)
Leila, you’re indeed touching on the root cause of inflation: the printing press. Nevertheless some advice from my part: don’t rely too much on the advice of old men like Buffet. Note that the official inflation figures are intentionally heavily understated because it’s excludes real estate for example and is thus highly arbitrary. In reality inflation is much higher. Therefore the risk of holding fiat currencies is much higher than holding commodities with real intrinsic value (such as gold and bitcoin). Bitcoin has the same characteristics as gold but on top of that it is easily transferrable, highly divisible and tamperproof. But it’s a relatively new asset class, so the performance (200% per year since it’s existence) comes with a price: volatility. The best investment advice I can give everyone is to read The Bitcoin Standard by Saiffedean Ammous. And if you really think that ‘COVID-19’ was the reason for further stimulus I would highly advice to read The Big Reset by Willem Middelkoop or The Road to Ruin by James Rickards.
Many thanks for the feedback!
@@LeilaGharani thanks Leila, and you’re the best at explaining the best program ever created.
Thank you!
Nice good to see you venturing into personal finance
Very helpful video. Whats a good source to buy physical gold?
See if you can find a reputable, local, coin shop, first. For online purchases, there are many good options, but Apmex, Sprott Money, Gold Silver Bull & Golden State Mint, are all reputable as well. I think it's a good idea to buy physical silver as well as gold, if you're o.k. with higher volatility, fyi.
Hi Leila. Great advice! And, we can all use our EXCEL skills to chart whether we are winning or losing.. haha!! One more strategy.. invest in yourself by increasing your knowledge and marketable skills, so you can make more to pay the higher prices. A good example.. any of your EXCEL courses :)) Thumbs up!!
Investing in yourself really is the best advice! Thank you, Wayne!
Thank you. A different video from you. But very well said.
I appreciate that!
FED's 'Transitory' Policy is working well. I now see transients at street corners and under bridges.
I didn't expect this sort of video. Extremely informative and clear!
What are good examples of businesses that generate cash and doesn't consume it? And the other way around?
Great video by the way Leila! Are these tips applicable to the EU? We don't have the same type of savings or even the same saving culture in Europe than in the US.
That's very brave from you to reach this subject instead of Excel which is your core subscriber :-), congrats
Great advice.
Appreciated that you open this topic, thank you Leila
You're so welcome, Thomas!
Very helpful information
we want more of this type of videos. Really helpful video. Thank Leila and team
Channel keeps getting better!
Thank you Leila, that was very informative and helpful.
I'm happy to hear that, Anthony!
Thank you for the advice.
Always interesting to hear the perspectives of others. Thanks for sharing your insight.
My pleasure!