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Ask Dave

Staying Ahead Of Inflation

Russ wants to know the best way to protect your money against inflation. What does Dave say it is?

QUESTION: Russ thinks inflation will increase, and wonders what he can invest it that is protected against inflation.

ANSWER: Real estate and single family homes, paid for with cash. It’s a great inflation hedge. Housing makes up a lot of the inflation rate. Boards, shingles, copper and labor are what go into housing, and housing is a great hedge against inflation.