PODCAST: https://anchor.fm/fife-properties/episodes/EP41-THE-WEALTH-CREATION-SHOW-Inflation-vs-Interest-Rates-e1pclpt
The Bank of England increased interest rates again for the seventh consecutive time since December 2021 to 2.25% in September in a bid to bring inflation back to 2% and make life more affordable again. Why is this so important to control inflation, is interest rates the only way, does it really matter and how does affect us?
Luckily, you don’t need to head back to school to understand this as Jim Parker and Richard Cook are on hand to take you through the relationship between inflation and interest rates and how this affects each of us in our day to day lives.
If you’ve missed the previous shows you can catch up on our play list: https://www.youtube.com/playlist?list=PLu-dtDBNhbLJvH_47QHVWEQSB0w2_KGj9
If you are a private client of ours, including the ongoing support you will also receive an invite for the last Thursday of every month to a private zoom session which will be a deep dive into more detail on portfolio building. If you haven’t received your invite, please contact us to richard.cook@fifeproperties.co.uk
This is all about accelerating your wealth in 2022.
*We must point out that we are not financial advisors, and this is only our opinion of what we would do. Investments can go down as well as up so if you do want professional advice from a qualified advisor, please contact us direct and we will put you in touch with someone.
