We’re back with a few more ideas on how you can invest during inflation.
Think about purchasing these inflation-fighting investments:
Real estate, our favorite! Of course, you can simply invest in a rental home, apartment building, or even build a spec house. But there is another option that doesn’t involve owning any real estate directly.
A Real Estate Investment Trust (REIT) is a company or trust that specializes in investing in real estate and real estate mortgages. A REIT is priced similarly to a mutual fund and shares many of the same features.
Gold industry. It’s possible to buy and hold gold directly via investments in jewelry, gold coins, or even gold bars. However, storing a large amount of gold can be risky and problematic.
- There are mutual funds and exchange-traded funds that specialize in gold and the gold mining industry. This allows you the advantage of having a professional investor help make your investing decisions.
- You might also want to consider investing in the stock of a gold mining company.
Thanks for reading! We’ll be back with more next week.