{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"034: Rossmoor Financial Forum: The 3 I\u2019s \u2013 Inflation, Interest Rates, and Investing","description":"Inflation and interest rates. They\u2019ve been in the news quite a bit lately, and with good reason. Both have a profound effect on our everyday lives. We cannot help but feel inflation\u2019s sting every time we buy groceries or fill our gas tanks. And even those seemingly trivial items we once purchased online without batting an eye cause us to think twice before hitting the \u201cBuy Now\u201d button. Inflation seems particularly scary when you\u2019re on a fixed income \u2014 even if you feel that you\u2019ve planned adequately for your retirement. Where we once experienced 2-3% inflation \u2014 and sometimes even less than that \u2014 we\u2019re now in the neighborhood of 8%. So it\u2019s logical for us to wonder just how much longer high inflation will continue to put a crimp in our spending power. In its effort to curb inflation, the Fed has raised interest rates several times, which are now higher than they\u2019ve been in quite a while. And even though they\u2019re still not all that catastrophic from a historical perspective, this has also changed the financial landscape. It\u2019s now more expensive to buy a home or borrow money, for example \u2014 the latter of which is a major concern for consumers and corporations alike. If you\u2019re like most investors and you\u2019re wondering how best to refine your investment strategy to accommodate these changing conditions, we\u2019ve got you covered. Richard and Angela recently collaborated with the Rossmoor Financial Forum to give an illuminating presentation on how we can all learn to ride the wave of our current financial situation \u2013 because it will happen again! The Rossmoor Financial Forum is a diverse group seeking clarity and understanding in the world of finance. They aim to provide their members with the education and tools necessary to make informed decisions regarding their portfolios. They also work to expand their financial literacy ranging from local to international issues. In their presentation, Richard and Angela will talk about: The real cause of inflation, and why the events of the past three years made inflation pretty much inevitable. Why the Fed\u2019s primary tool for combating inflation is usually so effective, and what the Fed\u2019s target number for inflation is for the future? Our history with recessions, what differentiates them from depressions, and why we\u2019re so much better prepared to deal with recessions than we once were. Why investing based on gut instinct is the exact opposite of what you should do if you want to be successful. What moves should investors make in our present inflationary economy? And more! We hope you\u2019ll see things aren\u2019t necessarily as ominous as they seem. Yes, interest rates may appear high, but they\u2019ve been much higher on many occasions. And while recessions can\u2019t help but evoke some concern, they aren\u2019t the cataclysmic events the media portrays them to be. So, it\u2019s time to put knowledge on your side to quell those concerns and learn how best to set yourself up for success regardless of what the economy is doing. ","author_name":"A Place of Possibility","author_url":"https:\/\/aplaceofpossibility.com\/","html":"