Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business cover image

Getting Real Financial Education

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

00:00

401k

The average 401K balance for someone 65 is around $80,000. How long will that last when you're 65 and you're going to probably die around 90? Biden's jacking up inflation by cutting off the pipelines and stuff like this. And so when inflation goes up, the Fed is now raising interest rates. What does it do to the stock market? The stock market is extremely interest rate sensitive. When those interest rates go up, that is a huge drag on these companies' bottom line and then hence ahuge drag on the performance of their stock.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app