Tips For Combating Inflation
Inflation should always be a concern of investors and especially for those who are retired or are about to retire and live on a fixed income. According to the Bureau of Labor Statistics, which issues the Consumer Price Index or CPI, over the last several years inflation has been low and otherwise in check. So what’s the concern, if inflation has been in check for the last several years? Inflation has not always been so moderate and, indeed, with the recent economic stimulus plan and other unprecedented government spending inflation or even hyper-inflation is a real and significant possibility.
So how does an investor combat inflation or the erosion of purchasing power? Click here to learn more.