tag:consumerist.com,2010:/1/tag:64.14.177.195,2007://1.302844- 2010-01-09T05:14:00Z Comments for 12 Ways For You To Beat Inflation Shoppers bite back. Movable Type 4.32-en tag:64.14.177.195,2007://1.302844 2007-09-24T21:26:33Z 2008-05-01T11:09:41Z 12 Ways For You To Beat Inflation --> The Digerati Life has a lengthy article that offers 12 tips on how to help beat the eroding power of inflation. Broadly speaking, you should first recognize that inflation erodes purchasing power in the long run and take steps to insure yourself from it, while also being "mindful of when inflation rates rise" and taking additional measures during those periods. Chris Walters The Digerati Life has a lengthy article that offers 12 tips on how to help beat the eroding power of inflation. Broadly speaking, you should first recognize that inflation erodes purchasing power in the long run and take steps to insure yourself from it, while also being "mindful of when inflation rates rise" and taking additional measures during those periods.

]]> Insure Yourself From Inflation For The Long Term
  • Buy a house.
  • Consider landlording.
  • Build or preserve your earning power.
  • Own your own business.
  • Keep a diversified investment portfolio.
  • Consider using inflation-indexed securities in your portfolio.

Counteract Inflationary Pressures With Additional Moves
  • Keep money in short term funds.
  • Watch interest and yield rates and lock them in when you're comfortable.
  • Invest in commodities.
  • Invest in gold.
  • Rework your debt.
  • Cut your spending even more.

While it's not a huge threat in today's economy, over time it can eat away at that retirement nest egg you're working on, and then you'll have to end up fending for yourself in a poorly maintained, investment group-owned nursing home.

"12 Ways To Beat Inflation: Don't Let Rising Prices Get You Down" [The Digerati Life]
(Photo: Getty)

]]> tag:64.14.177.195,2007://1.302844-comment:2473366 Comment from swalve on 2007-09-25 swalve I thought I remember a study where the purchasing power of gold has remained flat pretty much throughout history?

]]> 2007-09-25T07:00:06Z tag:64.14.177.195,2007://1.302844-comment:2472013 Comment from zolielo on 2007-09-24 zolielo @mandarin: Much better than the actual bar of gold in which redemption is a pain.

Inflation-adjusted bonds is the tip they left out.

Some tips I think that I am going to keep to myself. But really there are a lot of wise moves one can make.

]]> 2007-09-25T03:30:42Z tag:64.14.177.195,2007://1.302844-comment:2471985 Comment from Pinget on 2007-09-24 Pinget

Vote for Ron Paul.

]]> 2007-09-25T03:27:33Z tag:64.14.177.195,2007://1.302844-comment:2467796 Comment from mandarin on 2007-09-24 mandarin Would investing in gold companies make a difference?

]]> 2007-09-24T21:55:35Z tag:64.14.177.195,2007://1.302844-comment:2467748 Comment from anatak on 2007-09-24 anatak "Invest in gold."

Thanks. That was nice. I needed a good laugh.

]]> 2007-09-24T21:51:29Z tag:64.14.177.195,2007://1.302844-comment:2467720 Comment from iMike on 2007-09-24 iMike Inflate your debt away. Stretch repayment of low interest rate loans as long as you possibly can. Student loans are particularly good for this.

]]> 2007-09-24T21:48:51Z