At this point, I think we’ve moved on from the notion that the inflation we’re seeing could be considered “transitory.” It’s been with us for a while, and it will take some time before we see any effects from the Fed’s upcoming rate hikes.
If you’re interested in protecting against inflation, there are some asset classes you may want to consider adding, if you haven’t already.
With the exception of the band I placed around my wife’s finger, I’ve never been a big fan of owning gold.
I have however, invested in both farmland and passive real estate. You’ll learn more about why these can be useful during times of inflation in the guest post that follows.
This article was submitted by FarmTogether Founder and CEO, Artem Milinchuk. FarmTogether is a sponsor of this website, supporting our charitable mission.
Inflation is currently top of mind for many investors. With data showing that consumer prices climbed over 7% in 2021–the largest increase in four decades–this comes as no surprise.
Inflation doesn’t just make it harder to buy groceries or drive to work — it can also do serious damage to your portfolio and make it harder to achieve your long-term investment goals.
According to a recent CNBC survey, around more than half of respondents said inflation is their biggest worry for 2022.