Financial Planning in Inflationary Times [2022]

- Revised Version -
We are in the midst of a sea change in our financial lives. Here are the headlines:
-Inflation is surging for the first time in years and has reached the highest level in forty years.
-The Federal Reserve is embarking on the fastest and steepest tightening cycle in decades.
-Value stocks are outperforming growth stocks after lagging them by record amounts for nearly a decade and a half.
Is it time to make some changes to our financial plans?
Our guest this week is an award-winning personal finance journalist who has been a WEALTHTRACK regular since our launch in 2005.
He is Jonathan Clements, the founder, and editor of HumbleDollar, a free weekly online newsletter devoted to telling you “everything you need to know about money.” It is worth visiting. Clements was the personal finance columnist at The Wall Street Journal for 20 years and is the author of several personal finance books, including From Here to Financial Happiness and How To Think About Money.
Clements will give us his perspective on the much-changed financial climate we find ourselves in, and offer portfolio and financial planning adjustments for rising interest rates and inflation.
#inflation #inflation2022 #personalfinance #retirementplanning
00:00 Hello
00:36 Introduction
01:56 Interview with Johnathan Clements
23:25 One Investment
24:21 Action Point
WEALTHTRACK #1917 broadcast on October 21, 2022.
More Info: wealthtrack.com/portfolio-fin...
Humble Dollar: humbledollar.com/
Bookshelf:
From Here to Financial Happiness: humbledollar.com/book/from-he...
How To Think About Money: amzn.to/3SmS3TF
My Money Journey: humbledollar.com/book/my-mone...

[@seanharrington4768]

What a FANTASTIC segment and I am a new subscriber to the Humble Dollar new letter-- Thank You

[@jocycles]

Always much to learn. Thank you Consuelo and Jonathan!

[@sonnyjohnson8887]

How are stocks on sale if they are still over valued

[@UlfilasNZ]

Just keep buying, think in terms of asset allocation. It's a long game

[@larrymelman]

I put your videos in my Watch Later list when they come out. This is the second time you've posted this episode. This first posting of it is still viewable but you changed it to "unlisted". Why?

[@JR49300]

Cd rates going up

[@jamesmorris913]

Wait a minute..he said that his favorite holding is Vanguard Total Stock Market, because he will benefit from any gains, GLOBALLY; I wonder if he misspoke there (and Consuelo didn't catch it) and he actually meant, Vanguard Total WORLD index fund??

[@WhiteCloud746]

yes, correct. He's an advocate of Vanguard Total World, symbol VT

[@y.r.9401]

The Humble Dollar - Founder!

[@williewest5574]

I can't take any of this guys ideas

[@vicmarc4984]

Just buy and hold Bitcoin, NOT stocks (since stocks have been floated by cheap cash since 2008. We have much lower to go!)

[@kellyfj]

LOL

[@sonnyjohnson8887]

be mindful crypto has been following the stock market as well

[@Sanddollar1]

Crypto is literally gambling without getting to hold the chips!

[@rokyericksonroks]

Stay away from :
Crypto
SPACs
Penny stocks
EM bonds

[@merchantsailor]

Time will tell if this dude is selling into strength pump and dump or if legimate his buy the dip works, I think he is too early.

[@wholeNwon]

It will ALWAYS be "too early" or "too late". To profit from the markets one must be IN the markets. Index broadly, index cheaply, reinvest dividends WHEN PAID and walk away!! Nothing else works RELIABLY for the LONG TERM.

[@HermannTheGreat]

Considering this video was released 4 months ago, if you were buying in Oct 2022 I guess it was a pretty good time.