Episode 34 ⋅ 21st June 2022
How Should I Be Investing for the Rest of 2022?
With the increased cost of living, record-high inflation and high-interest rates, 2022 has been a crazy year full of unexpected twists and turns. With so much fear and uncertainty in the air, here are some things that you can consider now when investing for the rest of 2022.
Overview:
2022 has been a crazy year, high interest rates and inflation has caused the markets to take a tumble. And with so much fear and uncertainty in the air, everyday investors are left wondering what to expect for the rest of the year. With all of this in mind, we wanted to touch on all of these things and share reminders of what you can think about when investing during times like these.
Specifically, we cover:
- We remind you that, if your goals and situation have not changed, making changes now may prove to be detrimental.
- How you can help future-proof your investments with sustainable investing and innovation.
- Rising interest rates- property, keeping money in the bank. What this can mean for you as an investor.
- The challenge of paying off your mortgage when interest rates increase.
- How you can help adapt to rising inflation rates or the cost of living.
- How this turbulent time can actually be a great learning experience, especially for newer investors.
Please note, that this podcast was recorded in May. Some facts and figures will be a bit outdated. e.g. Interest rates and Kernel's Notice Saver rates.
Great resources mentioned on the podcast are:
49. 5 Timeless Money Lessons
48. How Might A Change In Gov. Policy Affect Me Financially?
49. 5 Timeless Money Lessons
You need an emergency fund!
Budgeting: how to pay yourself first
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