• lemmefixdat4u@lemmy.world
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    5 months ago

    When putting away money for retirement, consider inflation-resistant investments. The past 3 years really fucked some of my friends who didn’t heed that advice.

    • PrincessLeiasCat@sh.itjust.works
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      5 months ago

      I’ve never even heard of those. Is that what they’re called or do you have to know specifically what to look for? Is it its own “category” I guess?

      • Habahnow@sh.itjust.works
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        5 months ago

        I believe they’re talking about investments that share that chsracteristic. Generally Bonds and CDs would probably not be examples of good inflation resistant investments. in general, I believe index funds and I bonds are more resilient to inflation. Better still is maintaining diverse investment types. I’m open to corrections