It’s Happening

Friday’s upcoming CPI report will unfortunately tell us the same story that we are living, that prices are higher and they are sticky at these levels.  Inflation can be an insidious threat to our economy, acting like a silent tax on our day to day life.  From our friends at 10-K Diver here are some pointers on dealing with inflation.  Be a consistent earner, meaning now is the time to be valued in order to maintain and increase your income streams.  Continue saving by being even more aware of what and how you are spending your money.  Finally, inflation proof your portfolio by investing in companies that have pricing power, very manageable debt loads, and are capital light.  Inflation is happening and will be working its way through the system for some time.