True Wealth - Financial and Investing Podcast

True Wealth - Financial and Investing Podcast


Why Is It So Hard To Get Ahead These Days?

May 06, 2024

With inflation running hot and the middle class getting squeezed, how do we push through difficult times and overcome the financial adversity? Let’s explore the pain points and learn how we can be better investors.


Episode Highlights:



  • The effects of productivity advancements on the job market, including the potential for fewer jobs and increased competition among workers.
  • Insights into the performance of the markets, the validity of the “sell in May and go away” strategy and considerations around the 4% rule for retirement planning.
  • Impact of unexpected financial elements such as surprise inheritances and forgotten assets on personal financial planning. 
  • How the federal minimum wage has not kept pace with inflation since its peak in 1968
  • Disparity between productivity increases and hourly compensation since the 1970s.
  • Importance of investing in assets over liabilities.
  • Influence of inflation and government spending on asset prices.
  • Challenges faced by the younger generation in asset accumulation.