As the dust settles here on 2019, it’s a really good time to take a look at where we are in the world of money, particularly inflation and interest rates. The end of any year gives you a chance to look back at it and then project ahead. Money smart people always do that.
Perhaps it’s just me, but anytime I see and hear someone talk about the inflation numbers, I immediately think about everything that I purchase that costs me more today than yesterday. One of the detriments of getting older is that you can actually remember the prices of things from 10, 20, 30, and 50+ years ago. So yeah, I may have a distorted view of rising prices (at least just a little bit). But reality tells me that prices keep going up. It reminds me of that great song, “The Beat Goes On”, cause it certainly does.Continue reading“A 2020 Look Ahead at Inflation and Interest Rates”