Hardly a day goes by without stock indexes setting new highs. But serious headwinds—tax increases, massive spending and the Federal Reserve’s money printing—will hurt the economy and set off a serious period of inflation.
This segment of What’s Ahead discusses what investors should do in the face of these obstacles.
Regarding retirement funds, investors—unless they’re near retirement—should keep the bulk of their money in low-cost index funds; markets always come back. For other funds, investors should look for equities that do well with inflation.
With oil drilling down and the dollar set to get weaker, the price of oil will be headed to $100 a barrel. Big oil companies here and overseas also pay nice dividends.
Investors should also own gold.
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