With today’s inflation numbers coming in hotter than many anticipated, it is a reminder of how deeply monetary shifts can impact our daily lives. Looking at the data placard the pressure on Energy to Exist (54.3%) is particularly striking.
It raises a vital question for all of us: what concrete steps are you considering to help protect your financial assets, IRA, and 401(k) from this kind of currency devaluation, i.e., inflation? Rule #1 to investing is “Do not lose money.” Inflation is a lingering looter.