The optimist will say that we will weather this storm and come out better for it. The pessimist will have the opposite reaction, of course, and proclaim that there’s no end to this crisis in sight. But both can agree that we have options to stave off the effects of inflation.
It’s easy to see how inflation affects your daily life. Gas prices are higher. Electric bills are steeper. Wallets are thinner. But what inflation does to your investments isn’t always as obvious. Let’s say your money is earning 4% and inflation is running between 3% and 4% (its historical average). That means your so-called “real […]