What is Inflation
Have you ever heard the expression, “A dollar doesn’t get you what it used to?” In 1950, you could famously buy a can of Coke for a nickel. If you were to go out to your local grocery store in 2019, that same can of Coke, now costs you $1.00 or more. This change in price over time for the same good is inflation. In this month’s Insights, you will learn the impact that inflation has on your long-term planning, how it affects your portfolio and why you should keep inflation in mind when making decisions.
To read the entire Insights please click the file below.