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Tired of not having the financial freedom to live the life you want? The Free Retiree Show helps listeners excel in their career and financial lives so they can live the life they’ve always dreamed. Lee Michael Murphy, wealth manager, is joined by career advisor Sergio Patterson and attorney Matthew McElroy. Tune into their weekly show as they give you entertaining and valuable advice, and help you filter out the BS in their respective fields. The Free Retiree Show has four pillars to help listeners achieve success: career advancement, money management, avoiding detrimental mistakes, and learning from a successful business and thought leaders. Each episode shares valuable insights from experts and brings you interviews from some of the most successful people in business. Join us as we learn how to become free retirees.
Episodes
Wednesday Oct 18, 2023
Managing Money During Times of War
Wednesday Oct 18, 2023
Wednesday Oct 18, 2023
Welcome to The Free Retiree Show. In this episode, we provide an up-to-date economic snapshot as of October 18, 2023. We’ll touch on key economic indicators, including the rise in interest rates and its impact, declining homebuilder sentiment due to surging mortgage rates, and the precarious state of commercial real estate. Furthermore, we delve into the financial ramifications of ongoing international conflicts, including the Ukraine War and the Middle East situation.
We also discuss how wars can adversely affect economies, emphasizing the burdensome costs associated with military expenses and the toll on infrastructure, skilled workers, and international trade. Additionally, we address inflation and the deterrence of investors amidst periods of uncertainty. We provide valuable financial strategies, such as investing for the long term and considering defensive stocks, bonds, and employing dollar-cost averaging. We also discuss investments to add protection in your financial journey.
As we navigate these complex economic and geopolitical landscapes, we offer insights into managing your finances wisely and adapting to ever-changing financial environments. Subscribe today and stay tuned for more guidance on securing your financial future! 🎙️💰
#FinancialFreedom #EconomicUpdate #WarEconomics #ProtectYourRetirement
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