Jul 26, 2022
In this episode, The Annuity Man and Bob Carlson discuss:
- Hedging for rising inflation rates
- Accessing institutional shares through 401k
- What are your digital assets?
- Watching out for blockchain technology
Key Takeaways:
- The inflation rate that you experience is probably lower than what data that is shared suggests. However, don’t forget that inflation rates are still rising, showing signs that it won’t be transitory.
- 401k plans allow access to institutional shares, which have the lowest expenses. Doing a roll-over from a 401k to an IRA will give you access only to retail shares, which have the highest expenses.
- Digital assets are a much broader category than a lot of people realize. It’s a federal crime for others to access your digital assets. You have to specify and give people permission. List and organize all your digital assets.
- It would be wiser to be more interested in blockchain technology than just the cryptocurrency part. Watch out for how companies will utilize this technology and if its biggest problem will ever be resolved: its impact on the environment.
"This is how you decide how much you love your family: are you gonna take time to sit down and write this stuff down, or are you gonna leave them a big electronic mess that’s gonna take a lot of time and effort to resolve, and might not eventually be resolved." — Bob Carlson.
Connect with Bob Carlson:
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Most Recent Book: https://www.amazon.com/Wheres-My-Money-Secrets-Security-ebook/dp/B0853F3R7R
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