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Inflation
Inflation is the rate at which the purchasing power of the money you hold decreases over time. In this context a hedge is a protection against or a way to avoid the impact of inflation on your money.
In this video, I explain the effects of inflation on the money that you hold and assess the levels of interest being offered to savers by banks and building societies in the UK. I then compare these interest rates with possible returns from investing in Crypto assets and give my opinion about whether Crypto is a hedge against inflation. This does not constitute financial advice.
After you have watched the video, please let me know your thoughts in the comments under this post or under the video on YouTube.
I believe that with Cryptocurrency regular people have the opportunity to change their financial future within a 3 -5 year timespan. That is why I am so passionate about the sector.
Next Steps
Have you invested in Bitcoin? Let me know in the comments section below.
Also, get in touch if you would like my help. My email address is mike@learnmoney.info
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Credit Cards: How to Make Balance Transfers Work For You
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Investments: Why Saving is Not Enough
My aim with each blog post is to help you move to a better financial future. I believe that there is not enough financial education in the national curriculum and I intend to share anything helpful that I have learned along the way. I am by no means a financial expert. None of the information on this website constitutes financial advice and is provided as general information only. This is my personal finance blog; my marketing blog is over here and I have been blogging there since 2010. I hope you have found this information useful. Thank you for reading.
Best regards,
Mike
