It is often said that "money is not everything, but no money is everything". Now, with persistent inflation in the coming years, we may really start to worry about the safety of our wealth. So, in order to stabilize our economic foundation in the face of hard times, I believe that we should hold on to the following three things.
We should hold real assets. In an inflationary environment, paper money tends to depreciate while the value of physical assets rises. Among them, real estate is one of the most common physical assets. Under inflationary pressure, people often choose to invest their funds in the real estate market to maintain and increase their value. In addition, it is also a highly regarded physical asset. **As a scarce resource, its value is relatively stable, and it tends to maintain a high return on investment during inflationary periods. Therefore, holding real assets is a good option when facing inflation risks in the coming years.
We should hold financial products with stable income. In times of inflation, interest rates tend to rise, and there is a strong correlation between interest rates and the yield of financial products. Therefore, in the face of inflation, it is wise to invest in some financial products with higher yields and moderate risk. For example, fixed deposits have the characteristics of stable income, which can be accumulated over time and increase the accumulation of personal wealth. The bond market is also a good choice because bonds have a high level of stability in the market, and their risks are less and their returns are relatively stable than other financial products.
We should hold knowledge and skills. In the face of the risk of inflation, it is essential to manage one's wealth effectively. Having a wealth of knowledge and practical skills can help us resist the erosion of personal wealth caused by inflation. By learning Xi financial literacy, we can better understand the rules of investment and allocate funds rationally, thereby reducing risks and increasing returns. At the same time, by developing practical skills, we are also able to remain competitive and earn better incomes during economic downturns. Therefore, in the face of inflation in the coming years, holding knowledge and skills is our most valuable asset.
In the face of inflation in the coming years, we should hold real assets, financial products with stable income, and knowledge and skills. Holding physical assets can preserve and increase in value, while financial products with stable income can provide stable returns in times of inflation. At the same time, the accumulation of knowledge and skills can help us make more informed investment decisions and remain competitive during economic downturns. Through effective wealth management, we can be well prepared to be ahead of this economic storm and pave the way for our future.