Nov
14
What are the ways to beat inflation other than invest in gold, stock, commodities, realestate, antiques, arts?
Filed Under Other - Business & Finance
Sanjay K
I am from India. Here in india inflation is very high. The real inflation is about 15% per annum. If compounded almost every five years the prices of almost everything doubles. Yes, 100% total inflation every five years once. I want a good suggestion / idea to beat the inflation other than the known sources like investment in FDs stocks, bonds, commodites, realestate, antiques, arts which is generally adopted by everybody. I am looking for a novel idea or solution relally works because the above mentioned most of the items are almost( note : almost) speculative in nature. Please do not argue or discuss these above mentioned items. I am lookig for some other good idea in investment to beat the horriable inflation the real killer. Help will be of great use in this idea.
I am from India. Here in india inflation is very high. The real inflation is about 15% per annum. If compounded almost every five years the prices of almost everything doubles. Yes, 100% total inflation every five years once. I want a good suggestion / idea to beat the inflation other than the known sources like investment in FDs stocks, bonds, commodites, realestate, antiques, arts which is generally adopted by everybody. I am looking for a novel idea or solution relally works because the above mentioned most of the items are almost( note : almost) speculative in nature. Please do not argue or discuss these above mentioned items. I am lookig for some other good idea in investment to beat the horriable inflation the real killer. Help will be of great use in this idea.
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2 Responses to “What are the ways to beat inflation other than invest in gold, stock, commodities, realestate, antiques, arts?”
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the best way i can suggest, safe and sound..might be invest in mutual funds…check the history and the payouts..hope in india there must be many mutul funds operates, income funds, stock funds, pension funds…check the last audited accounts and as well as the last quater accounts…go fo open ended fund., this can help u
I would focus on bonds, commodites, realestate.
Another key is a foreign currency, put alot of your rupees or whatever the heck they are into Euros. Then your cash will keep its buying power.
But you pretty much have it figured out, but i dont think art or antiques are a good idea.
You guys are ROARING out of the third world and you have many more years of horrific inflation since your cost of living/standard of living is rising.
As soon as this rises enough the ability of your economy to **** up global jobs will stop(wont be cost effective anymore). Your infaltion will then normalize like the rest of the 1st world counties. And then China/Africa will start ******* up your jobs. Then you guy will get to know how it feels
In the short run in stinks, in the long run it is good.