As you may know there are rumors on having high inflation towards the end of the year or next year.
Here are some of the commonly accepted strategies to emerge stronger from an inflationary environment:
Gold is known to be the OG inflation hedge owing to its scarcity and historical appreciation in tandem with Money Supply.
Buy Consumer Defensive Stocks
Utilities, Energy, and essential services fare well during an inflationary environment, as the consumer cuts back on luxury expenses but the bare basics retain their share of the spend.
Think stocks like Procter & Gamble $PG, Coca Cola $KO and Phillip Morris $PM
Counter-intuitive: Buy more tech!
Higher inflation is essentially a high dollar value for a basket of goods and services. When prices rise, the share of marketing spend per product also rises, benefiting ad-monopolies like Google and Facebook.
What’s your strategy in case of high inflation? What kind of investment decisions are you going to make?