Countering Inflation: Diversify Your Long-Term Portfolio
b'"Inflation increases the cost of goods and services and is driven by supply and demand. As prices go up, purchasing power decreases. People paying more for everything they missed due to record savings and pent-up demand from the pandemic. To counter the impact of inflation, practice diversified investing for the long-term. Pay off debt with variable interest rates and keep fees to a minimum," says Carrie Schwab-Pomerantz.'