You may have seen something called Wealth Factory. It’s promoted by Garrett Gunderson who says he wants to help business owners keep more money and increase their cash flow without all the extra risk. “Wanna beat inflation?” he says in a new YouTube ad. “The latest CPI numbers show inflation at a staggering 8.9%. That’s the highest it’s been in four years. And very simple math can show ya how devastating inflation can be.”
My #1 Recommendation For Making Money Online In 2024
“If you had $100,000 in cash, last year,” Garrett continues, “today, it’s only worth about $91,000. And even if we go back to normalcy (about 2% inflation per year), your cash will still lose about $20,000 in value over the next five years. The reality is, inflation is a hidden tax that devalues money and steals your wealth, and that’s not being dramatic. Even Warren Buffett says, ‘The arithmetic makes it clear that inflation is a far greater tax than anything that has been enacted by our legislature.’”
However, Garrett isn’t worried about all that and you shouldn’t be either if you listen to him. For more than a few years now, Garrett has studied some of the worlds wealthiest people and how they manage money. And because of that, he believes he’s been able to create a simpler system to hedge against inflation. He’s seeing returns of nearly 4x with this strategy and believes that no matter your starting point, you can do the same.
“Because,” Garrett says, “with this system? You don’t have to participate in economic downturns. The secret is what I call a wealth creation account. Today the average savings account pays about 0.05%, which is next to nothing. So even if we had a normal inflation right now of about 2%, the money in your savings account is still losing about 2% per year. And a year when inflation is nearly 9%, you’d be losing $900 in value for every $10,000 you have in savings. So what’s the first step to beat this?”
My #1 Recommendation For Making Money Online In 2024
“You’ve gotta increase the percentage you earn on your money,” Garrett says. “And a wealth creation account earns about 3- to 5% every single year. So right away you’re beating the normal inflation rate of 2%, but what about in years where we’ve experienced 6% or 8.9% or even double digit inflation? That’s where the magic of the wealth creation account really kicks in. Because it allows you to make a billionaire financial move but without being a billionaire or even a millionaire. Here’s how it works.”
Garret claims that most billionaires actually have their cash tied up in investments and shares of other companies. You’re mistaken if you think Bezos, Gates, and Musk just have billions lying around in cash. They typically get the cash they need by borrowing and using the stocks in their companies as collateral. So their savings will grow by 3-5% and they’ll access money at 3-5% pretty much evening it all out.
Garrett calls it the “double dollar strategy”. You take the money you have, invest it into assets that’ll beat inflation, pay back the loan with the gains and pocket the remainder. Sounds a bit complicated though right? Not to worry, Garrett offers all the info on how to do this for just $6 in his digital book called “What Would Billionaires Do?”. But here’s a fair warning. There will be upsells.
