Wealth-Building Made Simple

Navigating Trade Wars: Protecting Your Money in a Turbulent World


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Key Takeaways:

  1. What Happens in a Trade War?
    • Countries charge extra taxes (tariffs) on imports from rival nations.
    • This makes goods more expensive for businesses and consumers.
    • Over time, it can slow down the economy and increase prices.
      1. Where to Put Your Money When Trade Wars Happen
        • Some investments are safer during economic uncertainty:
          1. Gold: Holds its value when money loses purchasing power.
          2. Defensive Stocks: Companies that sell everyday necessities, like food and healthcare, stay strong even in bad times.
          3. U.S. Treasury Bonds: Considered a safe place to store money.
            1. Why Currency Strength Matters
              • Countries with stable money (like the U.S. dollar) attract global investors.
              • A strong currency helps prevent rising prices (inflation) and protects the economy.
                1. The Growth of Digital Money
                  • Cryptocurrencies like Bitcoin are becoming more popular as a form of money.
                  • People like them because they can’t be easily controlled by governments and are limited in supply.
                  • Some investors see digital assets as the future of financial security.
                    1. How to Stay Ahead in a Changing Economy
                      • Pay attention to new trends like digital money and shifting trade policies.
                      • Diversify investments to include both traditional (stocks, bonds, gold) and modern assets (cryptocurrencies).
                      • Be flexible—markets change, and successful investors adapt.

                      • Chapters:


                        Timestamp Summary

                        0:00  Protecting Investments During Trade Wars

                        1:21  Fraternity Rivalry Mirrors Trade Wars and Campus Tensions

                        3:35  Strategies for Financial Stability During Trade Wars

                        7:57  Bitcoin's Role as a Digital Reserve Asset in Modern Economies

                        10:51  Embracing Bitcoin for Financial Growth and Security

                         

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                        Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

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                        Wealth-Building Made SimpleBy Phillip Washington Jr.

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