Post
Topic
Board Economics
Re: Inflation and protecting you wealth
by
magnum1010
on 26/09/2021, 04:33:04 UTC
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?

I think that the best way to defend ourselves from inflation is certainly Bitcoin, as it doesn't require to be looked after like real estate or art, and it can grow faster than any other assets you have listed. But actually I think that it is better to diversify, so my second position of fighting against inflation is stock market, as I am very familiar with this market.