Willy Woo: "Learn to Invest - or end up poor!" (Patreon)
Content
The tweet by Willy Woo is a little hard hitting. But sometimes it is good not to sugar coat stuff.
It is a brilliant, yet simple tweet that highlights the growth rates of inflation (2%), wages (4%), and investments in stocks and real estate (10%). The tweet suggests that inflation will double food prices in 35 years, while wages will quadruple, and investments could grow 28-fold.
Understanding these rates is crucial as they imply that without investing, one's wealth will NOT keep pace with rising costs, potentially leading to a decline in purchasing power and relative wealth over time.
You need to invest to combat inflation. Period!