8 ways to insulate yourself from inflation

Rising prices are all over the news these days, and they may be with us a while. So, it could be time to take action to protect your investments and limit your costs. Here are eight ideas to consider.

The first half of the year is behind us, with the market performance strong across the board.  But what about the rest of the year?  With inflation on the minds of many investors, how do you protect against those risks, and what top strategies could help better position portfolios?

Inflation is seemingly everywhere, with the prices of oil, lumber, steel and real estate all pushing higher.  Some of that inflation could be with us for quite some time. Of particular concern is increases in rents – up over 8% nationwide in June to a record high $1,575 per month, according to Realtor.com.  Also, rising wages — while good for individuals — can mean higher costs passed on to the consumers.

What can you do to protect yourself from inflation, and how can you ensure your portfolio is keeping up with rising prices?

 

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