It’s more than the 2% we’re led to believe

Understanding inflation is crucial to bettering your finances. It impacts your earnings, spending, and investment returns, which all result in a change to your purchasing power.

It’s worth looking into true inflation and its impact, and not just the CPI number. Investigating the effects of true inflation can change the way you think about money.

What is CPI?

CPI stands for Consumer Price Index. CPI is often used interchangeably with inflation because CPI measures the change in prices over time that consumers pay for goods and services.

The bureau of labor statistics defines CPI as,

The Consumer Price Index (CPI) is a measure…


In 2016–2017 it was pot stocks. In 2020–2021 it’s EV stocks. And in a few years, it will be quantum computing stocks.

As is often the case, there are industries that offer innovation and potential returns years before profits are made. A few years ago marijuana companies saw their share prices skyrocket as legalization crept across states. Recreational marijuana is still not legalized on the federal level. These companies have seen their share prices fall as they haven’t been able to produce revenue and profit numbers that meet analysts’ expectations.

Tesla has been on a remarkable ride the last few…


Caution: Rough times may be ahead

Following Wednesday’s CPI data, markets were down for a third straight day. No one is hitting the panic button yet, and there's likely isn't any reason to.

A 30% crash like the one we saw in March 2020 is extremely unlikely. But because of the great returns from the past year, the market is likely to be choppy for the foreseeable future.

Increased volatility, or even a market that is down for a prolonged duration, can be a way to make money if you know how to. …


Knowing when to pay cash or credit

Gasoline is pretty much an inelastic good. Meaning, an increase (or decrease) in the price of one gallon won’t impact you all that much.

No matter the cost, I still need gas in my car so I can drive to and from work every day. Hence, if gas is $1.99/gallon or $3.30/gallon I still need to buy it.

This past weekend, my gas light came on while driving on the highway. Without having any cash on me, I had to pay with credit at an overly expensive gas station. …


AINYF SHORTS

Evaluating how far I’ve come with my goals

I’ve been sober for (almost) all of 2021. The last drink I had was on January 2nd, more than four months ago. Now that a third of the year has passed, it's been enough time to reflect on what's transpired.

I wrote in a previous article why I was no longer drinking alcohol, but in summary, there were three reasons benefits I was after: mental, physical, and financial.

All good plans should be re-evaluated after enough time has passed. And that is exactly what this article will do.

Mental Benefits

Alcohol can get you in a hole, especially when you rely on…


Expect higher prices in the coming months

Paul Revere in 1775, “The British are coming.”

Economists (and myself) in 2021, “Inflation is coming.”

As much as I enjoyed writing that introduction, (although most would argue it’s extremely cheesy) inflation is a serious matter that impacts everyone’s daily lives.

Inflation, put simply, is the rise in prices.

Many financial and economic news sources have been discussing inflation more and more over the past few months. Notable items such as lumber, which is needed for and drives up the price of houses, and oil have headlined articles since they are widely used.

It's worth looking into what all the…


Giving power back to the artists

The music industry has been providing entertainment to people for decades. As technology has advanced, fans have had more options and accessibility to listen to their favorite artists. Even with all the improvements, musicians today face many issues. NFTs can help solve some of these.

Issues in the industry

One issue in the music industry is that most artists do not get a large share of the revenue from their music. Revenue has to be spread out to all participants, which can include record labels, managers, distributors, promotors, public relation companies, producers, songwriters, sound engineers, and more.

Another reason that artists do not make…


A breakdown of their pay structure

A few months ago, News Break changed the way they pay their writers.

Previously, News Break would give content creators $1,000 just for joining. They no longer offer that, which is why many people lost interest in joining. But they still have a very good offer for people who want to put in minimal work and get paid.

Below, I will go over their pay structure as well as my brief experience with the company. News Break is a good way to supplement your earnings from Medium.

Brief overview of News Break

News Break is an online platform providing its user local & breaking news…


The law of supply and demand

No, I haven't written about 82 previous reasons why stocks will offer solid returns for the foreseeable future. But I have written about enough reasons to lose count.

When I wrote “Why You Should Expect More Than 8% a Year From Stocks” I showed how the S&P 500 returned 11.56% the previous decade. And why this trend can continue. There were a variety of reasons then that are still relevant and new reasons have developed to propel the market to above-average returns in coming years.

Some of these reasons include low interest rates, lack of high yielding alternative investments, and…


Cryptocurrency is mainstream now

As fellow writer Isaiah McCall put it a few months back “This is End Game Now.” He was referring to the growth and acceptance of Bitcoin after Tesla had bought $1.5 billion in Bitcoin. If that was End Game, I can’t even imagine what phase we are in now.

Cryptocurrency has been in the news with several companies this past week. Crypto, and bitcoin, are becoming so mainstream you can’t go a few days without hearing them in the news. This is a far cry from a few years ago when almost everyone dismissed it.

Chipotle

Chipotle is giving out bitcoin…

Cody Collins

Top writer in Investing, Economics, Technology, and Business. Check out my publication on Medium: Yard Couch. Email: cjcollins1997@gmail.com

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