| We have had a perfect storm of events and policies that have been shooting prices significantly upward, including... - Government spending. The government plans on spending trillions more in the next few years. Regardless of what budget or bills get passed, newly printed dollars will be sloshing around the economy. All that money chasing limited goods and services will drive prices higher.
- Low interest rates. The yearslong accommodative policy of the Fed made borrowing money dirt cheap. Despite the recent rate hikes, borrowing costs are still quite low, which adds to the spending frenzy going on right now.
- The pandemic. The lockdown created pent-up demand for goods and services. And while things were closed, Americans saved cash and paid down debt. Now, like their elected officials, they're going back to spending money like a spoiled teenager with rich parents.
- Supply chain constraints. Due to labor shortages and other issues, there are not enough raw materials, finished products and available services - limiting the supply of those goods and services as demand surges. That is inflationary.
Here are three actions you can take to protect your buying power against the wealth-eroding effects of inflation... No. 1: Own Perpetual Dividend Raisers. These are stocks that raise their dividends every year. If you're receiving more income from your dividend stocks each year, you should be able to maintain and hopefully increase your buying power instead of seeing it decay due to inflation. It's precisely why I'm giving away my Ultimate Dividend Package FOR FREE - including my "No. 1 dividend stock" and the "safest 8% dividend in the world." Don't let inflation erode your hard-earned wealth. Access my life-changing Ultimate Dividend Package here. No. 2: Keep fixed income maturities short term. You don't want to be locked into a fixed income product for years. If you're earning 4% today while inflation sits above 8%, you're losing buying power. If your maturities are short, you'll be able to reinvest the cash as it matures at higher rates. No. 3: Look for variable-rate products. There are some bonds whose rates are variable depending on inflation or other factors. Those will help you maintain your buying power as inflation rises. Perhaps the best thing I could have done to beat inflation was hang on to those baseball cards. But since Reggie Jackson can't help me, I'm taking the steps mentioned above to make sure rising prices don't destroy my buying power. Good investing, Marc P.S. Seriously, it's free. Claim your Ultimate Dividend Package here. | 
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