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    Saving is Defense: Investing is Offense: Financial Freedom, #161
    Saving is Defense: Investing is Offense: Financial Freedom, #161
    Saving is Defense: Investing is Offense: Financial Freedom, #161
    Ebook83 pages56 minutes

    Saving is Defense: Investing is Offense: Financial Freedom, #161

    By Joshua King

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    About this ebook

    It's tough to beat inflation if you only save your money. Inflation and price gouging will overtake your savings fairly quickly.

     

    Every great sports team has good offense and defense. Saving is part of your defensive game plan.

     

    Investing is when you go on the offensive. You don't know what will happen in the future, but cash flow can solve most problems.

     

    Only you can decide how much to save and invest; it's a personal decision. However, don't stay on the sidelines too long. 

     

    You must start investing as soon as possible to harness the full power of compounding. Good Luck!

     

    LanguageEnglish
    PublisherJoshua King
    Release dateJun 14, 2023
    ISBN9798223089919
    Saving is Defense: Investing is Offense: Financial Freedom, #161

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      Book preview

      Saving is Defense - Joshua King

      Table of Contents

      MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

      Saving is Defense

      All Right Reserved Military Family Investing | 01  Saving is Defense: Investing is Offense

      02  High-Yield Savings Account: Year in Review 2022

      03  The Six Types of Income Investing

      04  Are You a Spender or a Saver?

      05  Saving & Investing 101: What is Your Risk Tolerance?

      06  Roth IRAs vs. HSAs

      07  Getting Rich is a Team Sport

      08  The Magic of CD Ladders

      09  Welcome to the T.I.C.E.S. Society

      10  What I Learned From Having Tenants for 10 Years

      Try Something New -Free PDF Download

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      Also By Joshua King

      MILITARY FAMILY INVESTING

      Joshua King

      Home of the Free PDF

      www.militaryfamilyinvesting.com

      Saving is Defense

      Investing is Offense

      01  Saving is Defense: Investing is Offense

      02  High-Yield Savings Account: Year in Review 2022

      03  The Six Types of Income Investing

      04  Are You a Spender or a Saver?

      05  Saving & Investing 101: What is Your Risk Tolerance?

      06  Roth IRAs vs. HSAs

      07  Getting Rich is a Team Sport

      08  The Magic of CD Ladders

      09  Welcome to the T.I.C.E.S. Society

      10  What I Learned From Having Tenants for 10 Years

      Free PDF Download

      1)  PDF of the Month: Don’t Gamble with Retirement 10 (Free 419-Page PDF)

      2)  Free PDF Downloads: Download FREE PDF LIST here

      3)  Financial Mindset: Become CEO of Yourself 2 (Free 196-Page PDF)

      4)  Retirement Planning: Your Retirement Planning Guide 2 (Free 255-Page PDF)

      5)  Investing: How We Plan to Retire on Dividends 4 (Free 139-Page PDF)

      6)  Cryptocurrencies: Counting on Crypto 2 (Free 159-Page PDF)

      7)  Real Estate: Financial Independence through Real Estate 4 (Free 112-Page PDF)

      8)  Business: Retire Rich, Retire Comfortable with a Business 4 (Free 149-Page PDF)

      9)  Latest DGWR: Don’t Gamble with Retirement 10 (Free 419-Page PDF)

      10) Everything!: The Biggest Book on Passive Income Ever 3! (book)(Web Edition)(Art Edition)

      11) Writer’s Comparison: M1 Macbook Air vs. GalaxyBook3 Pro 360

      12) Read My Books for Free: Free Kindle Books Schedule

      13) Book Design: Design Tips on YouTube

      14) Kindle Unlimited: Why I Finally Subscribed Kindle Unlimited (learn more)

      15) Book Reviews: 505 Takeaways from 101 Books (pdf)

      16) Writing: The Publishing Chronicles (Part 1, Part 2, Part 3, Part 4, Part 5)

      17) Best REIT- Fundrise: Fundrise vs. US Treasuries (Join Fundrise)

      18) Follow us: On our Facebook Page and Join our Facebook Group

      19) Support the Channel on Cash App: $Kingmarine1981

      20) For more detailed analysis, join my Youtube: MFI YouTube Channel

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      PDF of the Month: Don’t Gamble with Retirement 10 (Free 419-Page PDF)

      Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

      All Right Reserved Military Family Investing

      01  Saving is Defense: Investing is Offense

      Do you know the difference between saving and investing? What is the difference between having $100,000 in a high-yield savings account (HYSA) and $100,000 in an income investing portfolio?

      Once they get out of credit card debt, most people become savers. Saving comes naturally because you have complete control of your money—there are no risks.

      Saving over the long run. If you only save, prepare to be disappointed over your lifetime. The main reason is that inflation will eat away at your nest egg yearly.

      Happy Cash Flow Retirement 6

      There is a simple reason why savings will always underperform inflation—the Federal Funds Rate (FFR).

      The Federal Reserve sets the Federal Funds Rate based on economic and inflation data. Most of the time, the FFR is below the prevailing inflation data.

      For example, when inflation was at 2%, the FFR was 0%. The FFR is at 5% today, but inflation is between 6-8%.

      The interest rate on your HYSA derives from the FFR. Therefore, by every metric, your savings account will always trail inflation.

      Looking beyond inflation. Inflation is only one data point you need to consider. We also live in a capitalist society, meaning anything can explode in price.

      Five Takeaways from How to NFT

      We can look at healthcare and college tuition as expenses that have outpaced inflation and, therefore,

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