According to Bloomberg.com, US Inflation has risen to 9.1% in June 2022.
With inflation quickly rising, individual investors and looking to adjust how they manage their finances. With rising inflation, it can cause an increase in investor panic. However, OneDigital Chief Investment Officer Saumen Chattopadhyay thinks this is not the time to shy away from the market. He explains that while inflation is higher than usual, particular stocks continue to perform well. He believes that in the current climate, value stocks may return capital to shareholders faster than growth stocks if you keep investing time horizon in mind.
With inflation at a high and investor’s being more apprehensive of the market, there are a few different steps and precautions ones can take to hedge against some of this inflation. One solution that Saumen Chattopadhyay offers up is real estate as a possible solution.
Keep in mind, real estate may not be an effective short-term hedge against inflation, but it holds its value against inflation over the longer term.
— Saumen Chattopadhyay, Chief Investment Officer, OneDigital Retirement + Wealth
If you would be interested in reading the full article from Business Insider and some other possible solutions on how to deal with the rise of inflation, click on the article here.
Want to read more from Saumen Chattopadhyay? Check out his recent article: 5 Reminders for Investors When Markets are Volatile.
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