A common question that we're getting from many of you is, "Caleb, do you think there's going to be a recession or what do you think is going to happen in the future? Or what should I do with my money?" I want to really address two things.
Value Creation
Number one is value. Value creation is one of the greatest gifts and hedges against the unknown recessions and inflation. If you can provide value in the world, and quite frankly, value can come in a service or a product. So if you can invest your time or money into things that are valuable, what I can tell you is anytime there is a recession or when the economy takes kind of a dive, people, time, and money go to value.
Inflation Concerns
The second thing that I want to say is inflation. A lot of times people freak out with inflation. You almost think like if your money is sitting at zero, you're learning absolutely nothing and it can make us want to panic over time. Often, we'll invest money, even if it's not the right thing for us. Another thing I want to say is inflation, while long-term is a huge problem, in the short term do not make any decision based on the inflation numbers today. It could be a very bad thing for you to invest in an investment that is not right for you and as a result might take liquidity away from you, restricting your ability to show up powerfully.
