“When I’m sitting back reflecting on my career, I often wish that I could send a time capsule of wisdom, knowledge and experience back to my rookie self, back when I first got my securities license back in 1993.
If I could, that capsule would contain these videos.”
– Erik Strid, CEO of Concentus Wealth Advisors
Part 8 of Erik’s Weekly Video series.
This week’s lesson: Money is purchasing power. Inflation is the natural enemy of purchasing power, eroding it just a little bit every day. As an investor, our chief mandate is to at least offset the impact of this erosion in purchasing power.