4 Best Ways to Fight Inflation In 2022
The globe is going through a higher-than-average inflation surge right now. Starting in 2021, when will this acceleration come to rest, is anyone’s guess. For most people, the first thing that comes to mind when you hear the word “inflation” is “invest your savings.” This article looks at the 4 best places you can invest in to fight inflation in 2022.
Amazon FBA
Amazon has made it easier than ever for people to start a business. With Amazon FBA, instead of investing in some other company, you can create your own Amazon business with little to no risk of losing money. FBA offers storage and shipping to people who sell on Amazon; hence your business doesn’t even need physical space to exist. This has brought starting businesses much closer to hassle-free investing.
However, Amazon is a winner-take-all platform. You have to choose the products wisely and market them appropriately in order to survive on Amazon. One company called Ascend Ecom is making Amazon FBA even easier and safer. The company has vast experience in starting, establishing, and managing successful Amazon and Walmart businesses. As their Instagram page (@ascend_ecom) claims, they do everything from finding and buying lucrative products to packing and shipping those products for their clients.
Real Estate
Real estate remains to be one of the safest ways to protect your savings against inflation. The value of real-estate assets also isn’t susceptible to short-term fluctuations in the economy, which means you get high liquidity and can sell your assets whenever you want without losing any money.
However, real estate doesn’t generate any value, and hence, it isn’t as profitable as some of the other investment options such as Amazon or stocks.
Stocks
True, covid has been a blow to stocks and has resulted in instabilities all across the stock market. But unless the economy gets taken over by some totalitarian monopoly, stocks are to remain the most popular investment option for a long time to come.
Cryptocurrencies
Cryptocurrencies are the hype right now. Since cryptocurrencies are not controlled by a centralized party, cryptocurrency holders are less like to be deprived of their value by hyperinflation caused by a corrupt government. But unless you happen to live in Zimbabwe, the high volatility of Bitcoin and most other cryptocurrencies makes them a very poor store of value.
However, there are some cryptocurrencies designed to be stable. These cryptocurrencies, called stablecoins, are pegged against other assets to keep their value stable. But a word of warning, currency pegs are pretty hard to maintain even for central banks. The story behind Black Wednesday (how George Soros broke the Bank of England) is a testimony to this.