5 Strategies to Fight Inflation

In order to maintain the purchasing power of funds in the face of rising prices, it is important to use inflation protection methods. Here are five ways to help secure your finances:

Investing in real estate. Property values typically rise with inflation, making real estate investing an effective way to hedge against inflation. This can include both purchasing rental properties and investing in REITs (real estate investment trusts).

Investing in shares of companies with sustainable dividend growth. Some companies with consistent earnings and increasing dividends can protect your funds from inflation. Regular dividend increases can offset losses from inflation over time.

Investing in basic goods. Commodities such as gold, silver and oil tend to maintain their value or even increase in value during periods of inflation.

Follow financial news. Knowing the current economic situation will help you make informed decisions about how to protect your finances from inflation.