Inflation Coming Soon With Bailouts? - Where to Put $60,000 Cash

[Tony T.]

I have recently paid off my loans for my rental properties and I'm starting to accumulate cash (I took it out of the S&P 500 ETF when it was at 3300, now at 2300, predicting this massive stock drop would happen **pats self on back**). I fear that the upcoming bailouts and cash give-aways by the federal government because of the corona virus will affect the markets in many different ways.

I am terrified that printing/creating trillions of dollars will cause my $60,000 cash to be cut in half or more in real dollars by inflation. Does anyone else think this is going to happen?

I also need good ideas on where to put that money to protect it from possible super inflation. I COULD purchase another rental property, but knowing there's going to be a hefty recession coming up, the value of that also will decrease. So I'm looking for ideas!

Thanks in advance.

[Mike Dymski]

Housing prices and rents typically increase (not decrease) during inflationary periods.  Many consider real estate to be a hedge against inflation.