What May Go Fallacious? 10 Largest Monetary Dangers for 2022
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We have had a wild couple of years.
I’ve been investing for a long time and can’t remember anything like it. The pandemic reduced the market by 20% in what appeared to be minutes, then pulled it back and took off just as quickly.
Bitcoin started at around $ 7,000 in 2020 and is now around $ 50,000.
GameStop, one of many “meme stocks,” started this year at $ 15, climbed to $ 350, and is now around $ 150 – well below its high but still around 1,000% higher Course of the year.
Even the housing market was insane. Depending on where you live, it is possible that your home could have increased in value by 40% in a few years.
But the good times can’t last forever.
Much of the wealth inflation we’ve seen is due to historically low interest rates, and the chances are good that Punchbowl will be taken away soon.
And that’s not the only risk we face. Unfortunately, there are many other potential dark clouds on the horizon.
That’s what this week is “Money!” Podcast is about. We’re going to talk about some of the economic risks we might face in the coming year – not to worry you, but to prepare and inform you. We’ll also talk about how to deal with issues that you may encounter.
As always, my co-host will be financial journalist Miranda Marquit. Listening and sometimes contributing is producer and new investor Aaron Freeman.
Sit back, relax, and listen to this week’s “Money!” Podcast:
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