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Speaking of things that could keep up with inflation, such as stocks, gold, real estate, Treasury bonds, etc, stocks are by far, the most liquid one, with T+3 days of cash out time. Look for unit trusts (index funds), if you don't fancy picking the stocks. That said, these troubling times are even more riskier to invest. Perhaps, the best you could do is to prepare for potential supply chain issues with gasoline, LPG, etc. I happen to stay in Sri Lanka nowadays, where the inflation crossed 16%, and the there are many issues with lack of essentials. Supermarkets don't sell more than 5kg of sugar, me having to drive 20km because the three gas stations I drove past didn't have petrol, and soaring prices of pretty much everything. I thought to stock up the essentials to last a couple months or so, expecting the imminent worse conditions. In Europe, though, I don't think things to get this extreme, but my suggestion would he to stock up. Not hoarding piles of toilet paper, but make sure to have a reserve can of petrol, extra medicine, and the essentials to last a month or two. Food prices went up about 20% in just last month here, and that annualized return of 240% I'd much better than the appreciation of gold, real estate, stocks, etc. |