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Hedging Against Inflation
Is anyone out there worried about the current rate of inflation right now? Obviously owning investment real estate is a great way to hedge against inflation. But what are some other ways you all are trying to keep from losing purchasing power on your cash?
I was thinking of investing in REITs. I'd love to get more ideas from you all. I have some extra cash laying around but having more than just emergency funds laying around seems to be a foolish thing right now. Any ideas?
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Diversification is key. I have a lot of cash; but I am retired so relying on rentals, SS and some index funds. No bitcoin for me.......I do have stocks but REI is what I bank on. Nothing wrong with cash just be diversified. There have been times when many investors wish they had held cash.