Episode 57: Restaurants Add New Fees, Car Insurance Bills Are Rising & Fed on Track for Half Point Rate Increases + The 4 Lessons of Successful Investing
15 minutesPosted Jun 7, 2022 at 8:09 pm.
] And this week’s financial planning topic is The 4 Lessons of Successful Investing from legendary investor Benjamin Graham. ✔️
] The first headline, “Restaurants Add New Fees to Your Check to Counter Inflation”, is an article that explores how some restaurants and other businesses have started adding various service charges to help battle inflationary pressures on their bottom line.
] The second headline, “Car Insurance Bills are Rising with More Increases to Come”, discusses how many insurance companies have started to raise their premiums in response to the rising inflation environment.
] Our final headline, “The May Jobs Report Keeps Fed on Track for Half Point Interest Rate Increase”, is a deep dive into the likelihood that the Fed raises interest rates another half-point at their June and July and what might be in store for future meetings.
📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [🧾 [🚗 [📈 [Hope you enjoy it!