Investing long term? Don’t overlook the inflation factor.

QMT31TBG60Even a low inflation amount can lead to loss of purchasing power over the long term. So investing (not savings – see last week’s post) is for the long term because investing also should overcome this insidious effect. Savings typically fall victim to inflation, while prudent investing does not.

Here is a short article on how investing may help overcome inflation’s effect over the long term.

 

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About Larry Frank, Sr.

Larry R Frank Sr., MBA, CFP®, is an experienced financial advisor and a published author on Retirement Planning Research. Have a financial question? Click Here to Ask Larry

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