I recently listened to a discussion on which assets could actually be better to protect or even profit from inflation. This comes as most of the developed world is suffering the consequences of a soaring inflation and several pinch points in the supply chains and the international trade, such as a massive demand for freighters and severe queueing in ports.
How would you defend yourself from inflation:
- Buy bitcoin
- Buy more commodities.
- Buy REITs or real state.
- Buy stocks of listed companies.
- Buy art.
- ... any other?
It's actually wise to allocate some money from one of those things you've mentioned instead of placing it all in your bank accounts and do nothing about it because the purchasing power of your money steadily decreasing due to inflation. Personally, I have allocated a percentage of my wealth in BTC and planning to buy some ALTCOINs which has good potential in the future. Art? Definitely not interested in Art and have no knowledge about it at all.