Inflation Is Here: Learn to Protect Yourself
Have you bought groceries lately? Did your bill seem high?
No, you're not going crazy.
We really are getting less than we used to for our money.
It's no surprise. According to a recent study, the price of food and other grocery items is set to increase by an annualised rate of 6.8 per cent this year.
Have you seen an annualised 6.8% increase in your salary lately?
And what about cars?
Used car prices have surged, sometimes selling for more than they were bought half a decade ago.
Inflation isn't just coming — it's already here.
In fact, Deutsche Bank recently stated that we're sitting on an inflation "time bomb" and "the effects could be devastating."
There's one thing we believe you should try and avoid at all costs when inflation hits.
And that's doing nothing.
Money that just sits in the bank often loses value each and every year.
And that won't change if rates rise, but inflation rises more quickly.
The bigger question most investors are asking is WHERE to put their money, rather than the bank.
And now, our talented team of analysts have identified 3 key stocks that they believe could not only help you survive rising prices, but actively thrive.
These three stocks are detailed in our latest report, "Inflation: 3 Stocks to Beat Rising Prices", and this report is available for free to members of our Motley Fool Share Advisor service.
Even better, because I'm completely convinced you'll be impressed by the exclusive research we've put together in this report, I'll make sure your one-year Share Advisor membership is backed by a 30-day 100% membership-fee-back guarantee that allows you to get the money you paid for your membership back if you aren't impressed or you ultimately decide Share Advisor isn't right for you!
That's right – you can sign up for a year of Share Advisor today, get the full details on this report, and then get your full membership fee back within 30 days if you aren't completely satisfied.
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Returns as of 04 December 2023. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. For more information about The Motley Fool see our Financial Services Guide. All returns cited are hypothetical and based on the percentage change between the stock price at the time of recommendation and the current or sell price (if the position has been closed) at the time of publication. Brokerage, taxes and any other associated costs are not taken into account. Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. Performance figures are not intended to be a forecast and The Motley Fool does not guarantee the performance of, or returns on any investment. Any money back guarantee is strictly limited to the subscription price paid for the product.