Inflation, according to the personal consumption expenditures index, just logged its largest increase since 1982. That means your cash is losing purchasing power.
Rising prices can affect the value of other assets, too. Stocks, for example, tend to lag in inflationary times as businesses grapple with higher input costs and borrowing rates.
Fortunately, there are alternative assets that can hold up better than stocks when inflation sets in. Keep reading to learn about 10 inflation-hedging investment types that could complement your traditional portfolio. The last one will surprise you!
5 Stocks Under $49
Presented by Motley Fool Stock Advisor
We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.