
📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [15:21] And this week’s financial planning topic is Don’t Make These Common Retirement Planning Mistakes. 💸
🍔 [0:47] The first headline, “Inflation is Heating Up Summertime Expenses”, is an article that explores how inflationary pressures have increased the costs associated with some of our most beloved summertime activities.
🔋 [4:32] The second headline, “Old Electric Vehicles Batteries are getting a Second Life”, discusses how the auto industry, battery manufacturers, and battery recyclers are trying to create a three-stage life cycle for EV batteries.
📱 [10:16] Our final headline, “Chip Shortage Threatens Cutting Edge Tech Needed for Next Generation Smartphones”, is a deep dive into the potential cutting edge chip shortage for the two major chip manufacturers TSMC and Samsung over the next 2-3 years due to a shortage of manufacturing machines.
Hope you enjoy it!