Investing

Inflation Is Coming! Should Investors Look To Gold, Oil And Energy Equities?

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.

Follow me on TwitterSend me a secure tip

Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.

Steve’s newest project is the podcast “What’s Ahead,” where he engages the world’s top newsmakers,

Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.

Steve’s newest project is the podcast “What’s Ahead,” where he engages the world’s top newsmakers, politicians and pioneers in business and economics in honest conversations meant to challenge traditional conventions as well as featuring Steve’s signature views on the intersection of society, economic and policy.

Steve helped create the recently released and highly acclaimed public television documentary, In Money We Trust?, which was produced under the auspices of Maryland Public television. The film was inspired by the book he co-authored, Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It.

Steve’s latest book is Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity co-authored by Elizabeth Ames (McGraw-Hill Professional).

Steve writes editorials for each issue of Forbes under the heading of “Fact and Comment.” A widely respected economic prognosticator, he is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate.

In both 1996 and 2000, Steve campaigned vigorously for the Republican nomination for the Presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Steve continues to energetically promote this agenda.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button