“We’re probably looking at 15% (annual) cost of living increase when you look at gas and taxes and food. I don’t know how many different ways we can say how ugly it’s going to be, but we’re absolutely in an unprecedented situation”. These words from our guest this week on Retirement Lifestyle Advocates radio, Mr. Ed Butowsky. Your host, Dennis Tubbergen, discusses the current inflationary pressure brought on by the FED’s easy credit and money printing policies.
In the conversation, Ed talks about only four companies with AAA Bond Ratings, but cannot recall them all. They are: Automatic Data Processing (ADP), Johnson & Johnson (JNJ), Microsoft (MSFT), and Exxon Mobil (XOM).
Ed Butowsky is an internationally recognized expert in the wealth management industry known for his unique ability to analyze the current political environment and explain how it affects investment portfolios. Butowsky began his financial career in 1987 with Morgan Stanley, where he became senior vice president in private wealth management. He later founded the private wealth management firm Chapwood Investments in 2005, where he is currently the managing partner, and created the Chapwood Index.
To learn more about this week’s guest Mr. Ed Butowsky, you can get his book “Wealth Mismanagement” at https://bit.ly/Butowksy, or visit his website https://chapwoodindex.com/. To learn more about Retirement Lifestyle Advocates, please visit our website at www.RetirementLifestyleAdvocates.com.