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The U.S. Congress has accepted a $1.9 trillion stimulus package that should really make you consider how to invest your stimulus check. After all, this is a one-time check that could serve to devalue the American dollar moving forward. It's important to know how to invest your stimulus check, so be sure to give it the proper consideration.
Learn more about how to invest your stimulus check from The Elevation Group CEO and investment expert Brian Fouts from his latest training call:
Hey, everybody, Brian Fouts with The Elevation Group here. Now, most of you know what this is, right? You're right. This is a U.S. dollar bill. We know what that is.
But consider this: Of all the dollars in circulation that are available out there in the world for you, of all the dollars, nearly 22 percent of all of that money was created in 2020. So, money as a concept has been around for how many centuries? But of all of that, 22 percent, nearly a quarter of it was put into circulation in 2020.
And in the first quarter of 2021 here in the U.S. Congress just accepted a $1.9 trillion stimulus package. So what does that mean? It means the value of this dollar and the buying power of this dollar right here is going down. So ask yourself this question. Are you increasing your value, your income, and your revenue by that same amount? By 22 or more percent? Or are you just surviving? Are you waiting for that government issued stimulus check so that you can survive, not thrive, by the way, but just survive? Because the people that we're around, that we follow, the successful entrepreneurs, the business owners, the investors, they don't want to just survive. They want to thrive. And they know that this is going down. So what are they doing?
They're going to grab more of these dollars. They're going to pivot their businesses. They're going to focus on thriving, not just surviving. Right? And myself included, I love to thrive. And guess what? When these kinds of things happen, there are opportunities there, there are strategies and things change. And you have to change with them if you want to, not just survive, but thrive.
And that is what we do here at The Elevation Group and in our community here. And I want you to join us because we are going to thrive. I'll see you on the inside.