What Doesn’t Beat Inflation or Taxes

Action Tip:  These are “safe” things you can do with your money that won’t beat inflation or taxes:

  • Checking Accounts
  • Savings Accounts
  • Money Market Mutual Funds
  • Bank CDs
  • Treasury Bills
  • EE Savings Bonds
  • Life Insurance Policies
  • Fixed Annuities

Slowly but surely, your purchasing power will diminish while you think your money is safe. It’s eaten away by termites of taxes and inflation.

Inflation averaged 3.2% between 1913 – 2015. You must beat inflation and taxes to get ahead investing.

Live below your means for a richer life.

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