title: Taxes & Inflation description: [AFW S.2.17] Investment Principle #17 published: true date: 2026-06-30T08:09:41.383Z tags: editor: markdown dateCreated: 2021-07-12T19:20:50.363Z
Watch Taxes & Inflation 1 VIDEO
Watch Taxes & Inflation 2 VIDEO
“If you’re not earning at least 6% long-term, then with inflation and taxes you’re losing money.” -Michael Thomas
“Inflation; That’s the price we pay for those government benefits everybody thought were free.” ―Ronald Reagan
“What is the greatest danger to your investments? Inflation.” ―Paul Cabot
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Inflation has been called "The Silent Killer", and taxes are the biggest threat to your wealth.
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Spend time with your client for them to grasp the importatance of counter-acting the long-term negative effects of inflation and taxes.
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Inflation is countered by investing in equities.
Slides / Napkin Presentations¶
Inflation: The Slow Drowning¶
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" 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0, 0)" font-family="Helvetica" font-size="12px" text-anchor="middle">&#xa;</text></switch></g><rect x="0" y="356.19" width="200" height="110" fill="url(#mx-gradient-ffe6cc-1-ffffff-1-s-0)" stroke="#ff9933" pointer-events="all"/><g transform="translate(-0.5 -0.5)"><switch><foreignObject pointer-events="none" width="100%" height="100%" requiredFeatures="http://www.w3.org/TR/SVG11/feature#Extensibility" style="overflow: visible; text-align: left;"><div xmlns="http://www.w3.org/1999/xhtml" style="display: flex; align-items: unsafe center; justify-content: unsafe flex-start; width: 198px; height: 1px; padding-top: 411px; margin-left: 2px;"><div data-drawio-colors="color: rgb(0, 0, 0); " style="box-sizing: border-box; font-size: 0px; text-align: left;"><div style="display: inline-block; font-size: 14px; font-family: Helvetica; color: rgb(0, 0, 0); line-height: 1.2; pointer-events: all; white-space: normal; overflow-wrap: normal;"><div style="font-size: 14px;">A technique that will make the man rise by a fluctuating, but average rate of<b> 6%</b>. It is <b>not</b> guaranteed and sometimes the man makes no progress, or even losses progress. <br style="font-size: 14px;" /></div></div></div></div></foreignObject><text x="2" y="415" fill="rgb(0, 0, 0)" font-family="Helvetica" font-size="14px">A technique that will make t...</text></switch></g><rect x="0" y="113.19" width="200" height="90" fill="url(#mx-gradient-ccccff-1-ffffff-1-s-0)" stroke="rgb(0, 0, 0)" pointer-events="all"/><g transform="translate(-0.5 -0.5)"><switch><foreignObject pointer-events="none" width="100%" height="100%" requiredFeatures="http://www.w3.org/TR/SVG11/feature#Extensibility" style="overflow: visible; text-align: left;"><div xmlns="http://www.w3.org/1999/xhtml" style="display: flex; align-items: unsafe center; justify-content: unsafe flex-start; width: 198px; height: 1px; padding-top: 158px; margin-left: 2px;"><div data-drawio-colors="color: rgb(0, 0, 0); " style="box-sizing: border-box; font-size: 0px; text-align: left;"><div style="display: inline-block; font-size: 14px; font-family: Helvetica; color: rgb(0, 0, 0); line-height: 1.2; pointer-events: all; white-space: normal; overflow-wrap: normal;"><div style="font-size: 14px;"><span style="font-size: 14px;">A technique that will make the man rise by a <b>guaranteed</b> rate of <b>3%</b>. It is <b>constant</b> and <b>never</b> fluctuates.</span><br style="font-size: 14px;" /></div></div></div></div></foreignObject><text x="2" y="162" fill="rgb(0, 0, 0)" font-family="Helvetica" font-size="14px">A technique that will make t...</text></switch></g><rect x="0" y="53.19" width="200" height="60" fill="#3333ff" stroke="#3333ff" pointer-events="all"/><g transform="translate(-0.5 -0.5)"><switch><foreignObject pointer-events="none" width="100%" height="100%" requiredFeatures="http://www.w3.org/TR/SVG11/feature#Extensibility" style="overflow: visible; text-align: left;"><div xmlns="http://www.w3.org/1999/xhtml" style="display: flex; align-items: unsafe center; justify-content: unsafe center; width: 198px; height: 1px; padding-top: 83px; margin-left: 1px;"><div data-drawio-colors="color: #FFFFFF; " style="box-sizing: border-box; font-size: 0px; text-align: center;"><div style="display: inline-block; font-size: 19px; font-family: Helvetica; color: rgb(255, 255, 255); line-height: 1.2; pointer-events: all; font-weight: bold; white-space: normal; overflow-wrap: normal;"><div style="font-size: 19px;"><span style="background-color: initial; font-size: 19px;"><span style="font-size: 19px;">Swimming </span></span></div><div style="font-size: 19px;"><span style="background-color: initial; font-size: 19px;"><span style="font-size: 19px;">Technique #1</span></span></div></div></div></div></foreignObject><text x="100" y="89" fill="#FFFFFF" font-family="Helvetica" font-size="19px" text-anchor="middle" font-weight="bold">Swimming...</text></switch></g><rect x="0" y="296.19" width="200" height="60" fill="#ff9933" stroke="none" pointer-events="all"/><g transform="translate(-0.5 -0.5)"><switch><foreignObject pointer-events="none" width="100%" height="100%" requiredFeatures="http://www.w3.org/TR/SVG11/feature#Extensibility" style="overflow: visible; text-align: left;"><div xmlns="http://www.w3.org/1999/xhtml" style="display: flex; align-items: unsafe center; justify-content: unsafe center; width: 198px; height: 1px; padding-top: 326px; margin-left: 1px;"><div data-drawio-colors="color: #000000; " style="box-sizing: border-box; font-size: 0px; text-align: center;"><div style="display: inline-block; font-size: 19px; font-family: Helvetica; color: rgb(0, 0, 0); line-height: 1.2; pointer-events: all; font-weight: bold; white-space: normal; overflow-wrap: normal;"><div style="font-size: 19px;"><span style="background-color: initial; font-size: 19px;"><span style="font-size: 19px;">Swimming </span></span></div><div style="font-size: 19px;"><span style="background-color: initial; font-size: 19px;"><span style="font-size: 19px;">Technique #2</span></span></div></div></div></div></foreignObject><text x="100" y="332" fill="#000000" font-family="Helvetica" font-size="19px" text-anchor="middle" font-weight="bold">Swimming...</text></switch></g><path d="M 221 466.19 L 220 51" fill="none" stroke="rgb(0, 0, 0)" stroke-width="6" stroke-miterlimit="10" pointer-events="stroke"/><path d="M 550 467.19 L 549 52" fill="none" stroke="rgb(0, 0, 0)" stroke-width="6" stroke-miterlimit="10" pointer-events="stroke"/><path d="M 219 465.38 L 547 465" fill="none" stroke="rgb(0, 0, 0)" stroke-width="6" stroke-miterlimit="10" pointer-events="stroke"/><path d="M 410.77 77.69 C 403.41 80.7 395.13 78.01 390.44 71.07 C 385.74 64.13 385.74 54.6 390.44 47.66 C 395.13 40.72 403.41 38.03 410.77 41.04 C 410.71 28.82 417.52 17.84 427.86 13.49 C 438.2 9.14 449.9 12.33 457.22 21.5 C 461.92 8.51 473.31 -0.01 485.98 -0.01 C 498.65 -0.01 510.04 8.51 514.74 21.5 C 522.26 14.01 532.97 11.9 542.37 16.05 C 551.77 20.21 558.21 29.9 558.98 41.04 C 566.34 38.03 574.61 40.72 579.31 47.66 C 584.01 54.6 584.01 64.13 579.31 71.07 C 574.61 78.01 566.34 80.7 558.98 77.69 C 558.18 89.47 551.05 99.57 540.9 103.3 C 530.76 107.04 519.57 103.68 512.53 94.79 C 506.93 105.08 496.85 111.37 485.98 111.37 C 475.11 111.37 465.03 105.08 459.43 94.79 C 454.09 106.66 438.86 112.46 425.42 107.74 C 411.98 103.01 405.42 89.56 410.77 77.69 Z" fill-opacity="0.95" fill="#e6e6e6" stroke="rgb(0, 0, 0)" stroke-opacity="0.95" stroke-linejoin="round" stroke-miterlimit="10" pointer-events="all"/><rect x="384" y="0" width="0" height="0" fill="none" stroke="rgb(0, 0, 0)" stroke-opacity="0.95" pointer-events="all"/><ellipse cx="417.4" cy="119.22" rx="13.27286804557018" ry="6.596091205211727" fill-opacity="0.95" fill="#e6e6e6" stroke="rgb(0, 0, 0)" stroke-opacity="0.95" pointer-events="all"/><ellipse cx="401.92" cy="135.1" rx="8.406149762194447" ry="4.397394136807818" fill-opacity="0.95" fill="#e6e6e6" stroke="rgb(0, 0, 0)" stroke-opacity="0.95" pointer-events="all"/><ellipse cx="389.31" cy="146.82" rx="5.3091472182280715" ry="3.1758957654723132" fill-opacity="0.95" fill="#e6e6e6" stroke="rgb(0, 0, 0)" stroke-opacity="0.95" pointer-events="all"/><g transform="translate(-0.5 -0.5)"><switch><foreignObject pointer-events="none" width="100%" height="100%" requiredFeatures="http://www.w3.org/TR/SVG11/feature#Extensibility" style="overflow: visible; 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Taxes and Inflation: Double Trouble¶
- You save $10,000 at your bank.
- You earn 3% interest for the year: +$300
- You pay taxes on that interest at 20%: -$60
- With inflation at 3.5% percent, you reduce the original \(10,000’s purchasing power by: **-\)350**
- Result: with taxes and Inflation you're net balance is: $9,890
- That's a real-dollar loss of: $110.
The Solutions¶
"You need to defend purchasing power with equities, rather than defending principle with bonds (or other fixed accounts)." -Nick Murray
-
Inflation is countered by investing in a broadly diversified collection of the world's great publicly-traded, mainstream companies (ie, mutual funds).
-
Taxes are countered by wrapping the mutual fund(s) in a tax-shelter (ie, IRAs, 401ks, Variabe Annuities etc).

