What’s the best way to beat inflation? Own your own business. Get a job. Keep a job. You know basic stuff. Like eating your vegetables. But if you’re retired and have a sizable nest egg, the best approach is to have a basket of Your Survival Guy-type stocks. You know, dividend payers that not only have a history of payments but of increases too. Your proxy for such an approach is Young Research’s Retirement Compounders®. When you’re as rich as Croesus, you don’t need the markets. You can do what Dick Young and Ben Graham advise, which is to run your finger along the allocation mix of between 30-70 and 70-30 of stocks and bonds. This is a stock picker’s market. It’s one that favors Your Survival Guy-type stocks where you get paid to invest.
Action Line: If you need help building a portfolio with inflation in mind, I would love to talk with you. If you would like to get to know me before we talk on the phone, there’s no better way than signing up for my free monthly Survive & Thrive letter. In the letter each month, I encourage and push you to achieve the personal and financial security goals you’ve set for your family. Click here to subscribe. We’ll get to know each other, and get serious about your future success.