To be an effective investor, you need to understand how the economy affects different markets. In this episode of GMR, we revisit some of the concerns we discussed back in September of 2020 due to the pandemic and economic stimulus the government has provided. The question we should all be asking and preparing for is, are we headed for a market crash, or will we see continued economic growth?
Wouldn't it be great if you could predict economic cycles? Knowing when markets will go up or down would be advantageous to investing and protecting our assets. Understanding what causes economic cycles will not only make you better at investing, it will help you avoid financial pitfalls. In this episode of GMR, we discuss how long-term debt cycles occur and what you can do to ensure you don’t get caught up in one.
Read MoreThe health of our economy impacts all of us. When the economy is strong, we reap the financial benefits; higher wages, cheaper goods, and many others. Of course, the opposite is also true. A weak economy hurts our finances. But, did you know that your personal financial choices play a crucial role in the health of our economy? In this episode of GMR, we discuss debt cycles, what they are, how and why they happen, and what this means to your personal finances and our economy.
Read MoreHaving a basic understanding of how The Economy works is not just for financial experts. Understanding market cycles, consumer spending, and the role credit plays in the economy is more important than you realize. In this episode, we introduce you to the three main forces that drive the economy and how they personally impact your finances.
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