Inflation and Your Portfolio
Even low inflation rates can pose a threat to investment returns.
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During the COVID-19 pandemic, millions of people have learned to do more with less. Whether you’ve had to bounce back from job loss or spent weeks bouncing off the walls in quarantine, the pandemic experience included valuable lessons about saving money — and better using our savings to protect ourselves and our loved ones. As we approach a post-pandemic reality, these lessons can continue to have a positive impact on our lives and finances.
Millennials can opt to follow a values-based investing strategy to invest their money in conscientious ways.
Do you know how long it may take for your investments to double in value? The Rule of 72 is a quick way to figure it out.