Most people often hear about inflation but do not really understand what it is and how it affects their daily lives. Inflation is a significant economic indicator and it helps you to understand how the prices of commodities are changing as well as know what direction the country is headed to economically. The inflation rate of the U.S is currently at 2.1% which is not very good compared to last year. It is therefore important to understand the rate of inflation and how it affects you and the people around you.
First and foremost inflation is defined as the increase in the price of goods and services in an economy within a specific period of time. One of the best ways used to determine the rate of inflation is through Consumer Price Index (CPI). This is where the prices of basic commodities such as sugar, gasoline, and movie tickets are tracked over a certain period of time and a report generated out of that. If for example, the report indicates that the CPI is 4% it implies that on average the price of goods and services has gone higher by 4% compared to the previous year.
Inflation can be seen almost everywhere in our daily lives. For example around January 2017 one pound of chicken on average cost $1.42. Later on January the following year, the same chicken was being sold at $1.51. That is an increase of about 6.3%. However, such an increase does not mean that the inflation rate increased by 6.3 percent because the chicken is just a part of the equation.
How inflation affects consumers
An increase in the rate of inflation affects you in various ways. First of all, inflation weakens your purchasing power. When the rate of inflation is high, the standard of living generally goes down as a result of the increase in the price of most commodities. Inflation also increases interest rates charged by banks.
How to shield yourself from high inflation
There are several measures you can take to protect yourself from high inflation. They include diversifying from the dollar and purchasing physical gold.
Mr. Todd Lubar is most known for his serving as President of the TDL Global Ventures. He established the company several years ago as a way to follow his passion for helping people fund the solace of owning a home. Mr. Todd Lubar is also serving at the Legendary Investments as its Senior Vice President.
For more than 20 years, Mr. Todd Lubar has been working in the industry of real estate and some years ago ranked among the top 25 mortgage originators in the United States of America. Other than real estate, Mr. Todd Lubar has ventured into the construction business, entertainment industry, and mortgage banking, to name a few.
For Mr. Todd Lubar, educating oneself on the industry is essential as it inspires ideas, keeps the mind fresh and active. He always starts his day off with his morning routine which involves reading up on any news in the real estate industry. Knowing what is going on in his line of work provides his day with perspective.
Over the course of his career, businessman Todd Lubar has come to value focus, determination, and staying organized. Mr. Todd advises aspiring entrepreneurs to take hold of their ideation and turn it into a process, making it work for them instead of making their head spin. He likes to settle on the idea that is the clearest and create an actionable plan out of it.
In his line of work, changes are constant, and one of the trends that have been exciting Mr. Todd Lubar the most has been the development of technology in terms of home functionality. Remote functions for the home ae an opportunity according to Mr. Todd Lubar. He believes that some sense of automation could benefit all homeowners, mainly in terms of security, making sure that all appliances are off, and that lights and heating are off as well when it should be to save on bills. Having an easy reach will build up the habit. For more details visit Medium.
For the future, Mr. Todd Lubar hopes to expand his TDL Ventures and to start working in other areas as well. You can follow their Twitter page.
IDLife is a business that specializes in health supplements. It focuses on nutrition that’s individualized in general as well. The number one aim behind IDLife is to assist people who are passionate about wellness and about feeling like they’re on top of the world. The IDLife team wants humans to view wellness in a totally different light. IDLife strives to encourage people to shed excess pounds on their bodies. It strives to help individuals enjoy ample energy and vitality, too.
This company manufactures many diverse products that boost well-being. “IDLife” means a life that’s “individually designed.” Human beings are all wonderfully one-of-a-kind. The professionals who represent IDLife respond to that by giving them all access to products that cater to distinctive nutritional requirements.
The team at IDLife believes in ingredients that are first-rate. IDLife’s products do not rely on any pointless additives or fillers. The company provides customers with products that do not contain soy, gluten or GMOs (Genetically Modified Organisms). People who have celiac disease or any sensitivities to gluten can easily use IDLife’s products. They don’t have to think about possible reactions, either.
Logan Stout is the admired Chief Executive Officer who works for IDLife. He’s IDLife’s proud and thorough founder as well. He’s fortunate enough to have the help of quite a few other capable professionals. He works next to skilled people including President Laura Brandt, Field Leadership Director Scott Unclebach, Chief Financial Officer Joe O’Connor and General Counsel Mark Bennett. These wondrous people all make IDLife what it is for customers. They make the company a trusted source for customized health options of all kinds.
IDLife collaborates with renowned medical professionals who have scientific expertise and training. It works with doctors such as Monika Dhillon, Louis Iorio and Theresa Loomis. Dhillon is a professional who focuses on internal medicine and nephrology. Iorio is an orthopedic surgeon who is extremely well-versed in his field. Loomis, last but undoubtedly not least, is a physician who puts time into all aspects that relate to clinical nutrition. IDLife’s main office is located in Frisco, Texas, a quaint Dallas suburban community.
Financial journalist and stock market investor, Jeff Yastine, is widely recognized as the longstanding anchor and correspondent of the PBS Nightly Business Report program, holding the position from 1994, until 2010. Throughout his career, Mr. Yastine has had the pleasure of interviewing a number of the world’s most prominent businessmen, including Warren Buffet, Sir Richard Branson, and Michael Dell, learning a number of insider business practices that have helped to propel him, as well as his audience, throughout the course of his career. His foresight has allowed him to predict a number of catastrophes that have shaken the world’s economy, including the prediction of the dot-com bubble of the early 2000’s, as well as the fall of the real estate market several years later. Through his reporting, Mr. Yastine has successful predicted strong economic turnarounds for a number of high-profile businesses and has also been ahead of the curve on a number of lucrative investments. When Hurricane Katrina struck, Mr. Yastine successful predicted the economic plight that was sure to follow, and in 2007, he was nominated for a Business Emmy Award for his reporting on the crumbling infrastructure of America. He has twice traveled to Cuba, reporting on the impact that foreign investment has had on the country’s economy, and he was on location for the return of the Panama Canal to its native people. Today, Jeff Yastine serves as the editor for Total Wealth Insider as a part of the team at Banyan Hill Publishing, and he also regularly contributes pieces for its columns, Winning Investor Daily, and Sovereign Investor Daily. Visit Jeff Yastine at medium .com to know more.
As we get deeper into 2018, Jeff Yastine predicts a change in the culture of major corporations, switching from emphasizing internal growth, to mergers and acquisitions. Due to changes regarding tax reform, which is sure to free up significant capital, as well as changes in consumer purchases and corporate sentiment, mergers and acquisitions are sure to emerge at the forefront of business policy. In a recent survey by the multinational professional services network, Deloitte, it was revealed, that, of the 1000 executives questioned, nearly seventy percent said that they would use their surplus capital to invest in mergers and acquisitions. According to Dealogic, which has been collecting data regarding mergers and acquisitions since 1995, there was a significant jump in the process toward the end of the year, with November 2017, reaching an all-time high in regards to recent history. Visit :https://jeffyastine.tumblr.com/
Fabletics is changing the game in women’s athleisure shopping. The company was founded back in 2013 and sold to actress Kate Hudson as part of a plan by two entrepreneurs to add a brand to women’s athletic wear that was cheaper, offered more variety in design and color and a feeling of empowerment to women of all sizes. Fabletics became a hit by 2016 and today it seems to be one of a few companies that can compete with Amazon. The reason it’s done so well is it understands what younger shoppers are looking for in the choices it offers. It also has expanded into brick and mortar stores, but instead of the brick and mortar stores being the base of its sales, they’re more of a compliment to them and a way that customers can buy merchandise without the wait of shipping. What Fabletics seems to be doing to compete in both worlds is narrowing the gap between the choice variety online while still including the speed of brick and mortar.
Kate Hudson may be known more for her acting skills and awards than her business acumen, but there’s several reasons she’s been able to master both worlds. Those that know her such as her colleague and Fabletics President Gregg Throgmartin say that she’s very approachable, friendly and light-hearted personality-wise. She also will not endorse any product just for a paycheck, and those who know her have said she not only wears Fabletics outfits in promotional videos but also wears them around Hollywood and its neighboring suburbs. Hudson also is not afraid to offer new ideas to her staff and encourage changes when she deems them necessary.
Kate Hudson realized early on that she needed to be flexible with how Fabletics’s customer service worked. She responded to concerns about the signup process and improved communication to customers, and she takes reviews left on the company website very seriously. Fabletics even attributes the periods of growth they’ve seen in the last year to positive reviews because they know in this day and age, customers tend to trust the voices of people like them when deciding whether or not to purchase a product. Fabletics also uses big data and predictive algorithms to help customers in shopping. This is part of Fabletics’s parent company Techstyle Fashion Group’s mission to bring the best of Silicon Valley into the fashion world to appeal to each individual customer’s taste. Anyone interested in shopping with Fabletics can get started by going to Fabletics.com and taking the personality and lifestyle quiz as part of the signup form.
Throughout his career, Ted Bauman has dedicated his life to creating financial solutions for people so that they can live an autonomous life, free of government or corporate intervention. Although Mr. Bauman was born and raised in the United States, he spent the majority of his career in South Africa, where he worked as an executive in the nonprofit sector, helping to connect others with adequate housing solutions. During this time, he wrote extensively on issues regarding urban planning and housing, securing clients that ranged from the World Bank to the United Nations and a number of grant-making agencies throughout Europe. He attended the University of Cape Town, where he garnered sever postgraduate degrees. In 2008, Ted Bauman returned to the United States, beginning work as a director for Habitat For Humanity, before joining Banyan Hill Publishing in 2013. Today he lives in Atlanta, GA with his family, where he works primarily from his home office. Learn more about Ted Bauman at crunchbase.com
Typically, Ted Bauman begins his day in the same fashion – beginning by dropping his daughter off at school, before returning home to initiate his tasks at his basement office. Finding that he works most efficiently in the morning, he normally begins immediately, staying busy until about 5:00 pm each day. He attempts to complete his most difficult tasks first, being that it is the most productive period for him, and when not writing, spends a large portion of time researching, both mainstream and obscure outlets, for information that will be the most beneficial to his audience. Being that connecting with his audience is such an integral part of his job, considering the fact that his information directly influences their financial success and overall security, he has to utilize the full array of his narrative skills to bring mundane topics to life, while also providing real-world examples.
As he is constantly attempting to stay abreast of the latest financial and economic trends around the world, he has recently noticed a trend amongst his readership – they are now questioning many longstanding traditions regarding the public’s relationship with large corporate entities, as well as the government. He believes that many of the issues and contradictions that have come about are the result of the lack of government regulation regarding the free capital movement. While he admits that he has never been a proponent of any type of government regulation, he finds it incredibly exciting that ordinary people are beginning to question traditional practices, while also seeking new and effective solutions.
There is no talking about successful names in the stock market without the mention of Igor Cornelsen. He is one of the top and most sort-after banking and investments experts presiding in America. Mr. Cornelsen also takes the time to invest back in his mother country, Brazil.
Brazil doesn’t hold a strong investment culture compared to many countries, a norm that Igor Cornelsen has vowed to change. He not only imparts investment knowledge and expertise to Brazilian financial institutions, but he also offers financial advice to outside investors looking to expand their portfolios into South America.
Igor Cornelsen believes that Brazil has one of the strongest economic market in South America. 10 of the biggest banks in Brazil are heavily involved in investments, a fete that has seen the Brazilian economy remain intact as many other markets crush globally. The secret lies in stock market knowledge and avoiding the repetition of past mistakes, as Cornelsen asserts.
Nicknamed the adviser of finances, Mr. Cornelsen works hard to pull more investors into Brazil than in any other South American country. His reasoning is simple; to test the economic strength of any country, just find out who their key trade partners are. Currently, Brazil has strong trading ties with China, another economic superpower. Brazil is one of the largest raw material exporters to China; as the Chinese market continues to thrive and grow, there will always be room for Brazil’s exports. Visit affiliatedork.com about Igor Cornelsen
One of Cornelsen’s strength in the stock market is identifying the failing stocks and making investments just in time before things go south. He lives under one philosophy in his banking and investments career; ‘the secret to successful investing and earning of large profits is in thinking long-term when putting money in the stock market’. Igor Cornelsen also takes his time to train the local Brazilians on sound personal investments.
Part of the reason why Brazil doesn’t do great on personal investments is perceived fear and lack of knowledge about the available investments opportunities. Mr.Cornelsen makes it his business to educate the masses on the importance of a diversified portfolio and how to identify profitable stocks to invest in.
Omar Boraie is living proof that not everybody in the top 1% are greedy jerks. As the wealth continues to move toward the richest in the world while the poor are suffering, the top earners have continued getting a bad reputation. Omar Boraie and his real estate company Boraie Development LLC prove that this sour reputation is not the case for all the rich elite.
Omar Boraie has dedicated his time and energy to rebuilding the entire city of New Brunswick, New Jersey. He has rolled out a four part plan in order to help New Brunswick be remodeled after one of the massive European cities.
According to Crunchbase, the first part of this plan was to help New Brunswick become a place that families longed to come to and raise their kids. While Omar Boraie had many ideas to make this happen, one idea, in particular, became the favorite of the people. Their favorite program was the Summer Movie Nights. This was composed of seven Disney movies that were shown for free to the public. This allowed families that normally did not see each other to grow closer as families. The New Jersey Stage proudly reported that 7,500 people were able to attend. For more details visit Crunchbase.
The second part of his plan was to secure jobs in the city. At this time, jobs were leaving at a rapid rate. Rumor had it that Johnson and Johnson were looking at leaving and setting up shop in a different city. This would dramatically raise the unemployment rate and cause thousands of families to leave New Brunswick. Sam Boraie was able to work with the corporate leaders to convince them to stay. This gave economic stability to the area. Check out re-nj to see more.
The third part of his plan was to bring the middle-class profession back to the area. Since he was focusing on bringing back young families, Omar Boraie thought it would be best to focus on young professionals. He enticed them to the area by building quality commercial real estate that they could not normally afford but offering it for a price they could pay. This brought in many middle-class professionals.
The fourth part of his plan was to get the professionals to move into the city. Again, he took a very similar strategy to commercial real estate and built higher class residential condos and then sold them for middle-class prices. This stellar combination revitalized the entire city’s economy.
Seasoned investment guru Mr. Ted Bauman did a comprehensive article breaking down the current limitations of bitcoin’s underlying technology hindering it from achieving its overall goal of becoming the most popular form of conducting transactions considering how secure it is and the fact that it is a decentralized form of currency. According to Ted Bauman, the function of a currency is to process transactions not only securely but also in a timely fashion. This is yet to be achieved by bitcoin as it currently compares very poorly when put side by side with the leading transaction processing platforms such as Visa which according to publicly available data has the capability to process more than 24,000 transactions each second as opposed to bitcoin which can currently process 6.5 transactions per second. In addition, there are reports of users waiting for 10 minutes on average to process a single transaction on bitcoin, with the longest waiting time recorded to be over 40 minutes. The unfortunate fact is that the situation can only worsen as more people join the Bitcoin platform.
That being said, there is a huge balancing task that will definitely go into trying to improve bitcoin’s underlying technological infrastructure. This is because bitcoin is an encrypted digital currency which exists within a network of computers hence its decentralized nature. This means that whenever a transaction occurs, all nodes connected to the bitcoin ecosystem have to update in real-time making it secure and private, free from manipulation from governments and the financial agencies like the central banks. Research has shown that there have been conscious and deliberate efforts aimed at trying to reduce the painstakingly long transaction processing times. In order to reduce the processing time, the most probable solutions involve reducing the amount of data processed in each and every bitcoin mining block. Conversely, the size of bitcoin’s mining blocks can be increased so that more data can be up for processing at every go. The tradeoff is that all of these approaches involve moving some data out of the blockchain, as a result, reducing the security of the Bitcoin platform.
A note about Ted Bauman
From 2013 Ted Bauman has been working with Banyan Hill Publishing as the Editorial Director. He is also the editor of the Alpha Stock Alert, Plan B Club and the Bauman Letter in which he provides invaluable pieces of advice and opinions on a number of subjects including privacy and low-risk investment.
If you are wondering how Fabletics achieved a 300% growth rate in just a few years, you should take a look at their marketing strategy. Their marketing strategy focuses heavily on the power of the crowd. This is another way of referencing online reviews.
Online reviews will help boost your sales. Around three-quarters of consumers said that when they see positive reviews and testimonials on a sales page or a landing page, they are more likely to take the next step in the purchasing process. By simply including online reviews on your sales pages and your landing pages, you can increase conversion rates by almost 20%.
Online reviews do not just make a difference on your own website and sales pages. People search for online reviews on third-party websites and review sites, such as Yelp. Yelp has done studies on how extra star ratings improve sales and revenue. According to Yelp, even one extra star rating can increase your revenue by almost 10%. Depending on how much revenue and profit you earn, this makes a big deal. When it comes to restaurants, they get sold out almost 20% more times when they have even just an extra half star rating.
One reason that Fabletics has been able to stand out among their competition is because they focus heavily on online reviews. They encourage their customers to leave online reviews. They respond to their online reviews religiously. Online reviews are an important part of Fabletics’ marketing strategy. Because of their online reviews, Fabletics has been able to have more than 1 million subscribers. These repeat customers make up most of their revenue and profits. Even new customers are often referred by repeat customers. They have dozens of thousands of reviews across the internet. Online reviews will help improve your repeat customer retention rate because they increase trust in your products. When other people like your products, other customers are more likely to like the products themselves and appreciate what you have done.
There are so many opportunities for online reviews. Yelp and Trust Pilot are some of the most popular sites for online reviews. You can also place your reviews on your own website and sales page.
Customers really trust online reviews. More and more customers trust online reviews every year. It has come to a point that well over 80% of customers trust online reviews. Many say it is their equivalent to a friend recommendation. Consumers are now searching for online reviews on a regular basis. This is true even when they are shopping in stores for offline products.
Kate Hudson has been helping Fabletics since the beginning. She has made sure to hook them up with their parent company, Techstyle Fashion Group, so that they have the right resources and the team to help them succeed. She has helped shape their customer service strategy, marketing plans, their designs, and much more. Please take the Fabletics quiz.