pull down to refresh

I think the best way for me to cope with inflation is wealth. Gaining wealth. Having an abundant and entrepreneurs mindset.

I don’t worry about inflation. Inflation is just a price calculated by a Central Bureau of Statistics. The number doesn’t reflect my inflation. I don’t want to buy a basket of simple items. I want to buy assets, a great lifestyle, vacations, a healthy lifestyle and experiences. Not simply stuff.

That lifestyle and the experiences I want to buy increases in price like 25-30% a year. Therefore I need to build wealth.

So regarding inflation I try to teach myself into a mindset of:

Buying assets instead of liabilities and luxury comsumer goods.

Educating myself and gaining more financial literacy

Reading books and investing in myself

Building a business to keep stacking dollars at a higher rate than inflation and convert part to bitcoin

Building macro economic simulation models to understand global macro economics and economies of the major countries in the world

Investing in knowledge about the fundamental value and valuation of public traded companies

Finding ways to invest and export to the BRICS

Investing in physical real estate

Investing in some specific stocks

Not buying the porsche 911 but keeping it a dream

Avoiding contact with negative people

Staying away from social media

Not buying stuff turning all unnessesary stuff into fiat and then into sats.

Do you know that inflation affects also wealthy people. Of course, they don't feel it so hard, but they lose millions of fiat currency that is kept in banks. That's nonsense, why not using that money in a better way!? But most of them just don't care... 🤔 🙈

reply