Post
Topic
Board Economics
Re: Inflation and protecting you wealth
by
Rufsilf
on 01/10/2021, 11:09:01 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?

Buying bitcoin is indeed great to protect yourself from inflation. But in order to profit, we should think it carefully and study it well first when is the best time to buy.

Next to that is making your money work for you or have a passive income like buying stocks or invest in real state is also good to evade inflation. But I don't think that investing or buying art is part of my option.