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To beat inflation, investors typically look to investments that have the potential to grow in value faster than the rate of inflation. Some options include stocks, real estate, and high-yield savings accounts. Diversifying investments across different asset classes can also help spread risk and potentially increase returns. It’s important to consult a financial advisor to determine the best investment strategy for your individual circumstances and risk tolerance.
The effects of inflation are often not directly felt but are played out over a long time, especially long-term investments are vulnerable to inflation.
At Horizon65, we created a mobile app that enabled you to check the effect of inflation on your savings.
Download our app and start gaining insight into your current and future finances.
Horizon65 for iPhone
Horizon65 for Android