Do you hear that sucking noise? That’s the sound of your purchasing power being eroded by inflation. Sure, the slow and steady rise in prices has been pretty tame over the last few years. But recently, inflation has begun to rear its ugly head.
And that is a major problem for most investors.
Since inflation’s been tame – and in some quarters showing signs of deflation – investors basically ignored it. Asset classes designed to fight it have been cast away in favor of more exotic fare. There’s a pretty good chance that you’re woefully unprepared to fight the coming rise inflation.
But there’s still time to act. Despite the fact that the sucking sound is getting louder, many inflationary asset classes remain cheap. And given the wide range of ways to fight inflation, there’s an opportunity for every investor.