LDS Living Magazine - Staying Ahead of Inflation

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Staying Ahead of Inflation
by Dave Ramsey

Dear Dave,

Given the current direction of the government, I believe that inflation is going to increase dramatically. What are the best inflation-proof investments I can make?

Russ

Dear Russ,

Real estate is a great way to go. Single-family homes, paid for with cash, area great hedge against inflation, because housing makes up so much of the inflation rate equation.

Plus, you got the materials and everything else – boards, shingles, nails, copper and labor – that go into the creation of housing. These are some of the kinds of things that “inflate” when inflation kicks in!

– Dave

For more great financial advice, please visit www.davesays.org.

Photo by Zsuzsanna Kilian

Comments on this article	ADD COMMENT
Where's the answer? Posted by Leslie from New York One answer from Dave Ramsey is used for two questions. I would like to see the answer to the last question on 3/3/09. Thanks.
oops! Posted by Michelle from Los Angeles, California had to check twice, curious for the real answer!