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.