Quote:
Originally Posted by jyl
I think four years ago folks on this board were confidently predicting hyperinflation by now.
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Which made no sense whatsoever to me at the time (after the housing bubble collapse and with consumer credit almost non-existant)...it was in fact a period of deflation like we haven't seen in my lifetime imo.
Quote:
Originally Posted by HardDrive
I'm not predicting hyperinflation. I'm predicting a steady rise in inflation over the next decade.
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Though I was a teen....I remember hyperinflation from the late 70s. Since then, imo we've always had a steady, modest rise in inflation. Just take a look at almost anything, from housing, cars, gasoline, gold, etc. back then and the trends over the past 4 decades.
Though I diversify over several asset classes, I tend to go for individual stocks of solid companies with a long track record of paying (and increasing) dividends, and that has worked well for me over the years. I average slightly over 5% returns (dividends only), and imo the inflation-protection is "built in" to the stock price over time. I also figure that a solid "corporate bond" fund has a similiar "built in" protection. Just my .02 worth...YMMV.