Times like these are why I am so glad that all of the bonds in my 401(k) and my IRA are protected against inflation.
What’s the inflation rate going to be next month? 2%? 4%? 10%?
I really don’t care. Whatever happens to prices, my bonds are guaranteed to adjust so that I get the same interest rate in “real,” or inflation-protected, terms.
…
Master your money.
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