The 5 best methods to protect against inflation

To preserve your ability to spend in the face of rising prices, you should hedge your bets. Here are five methods to protect your funds from inflation:

Invest in real estate. Real estate values often rise in parallel with inflation, so investing in real estate can be a good way to protect against it. This can include buying rental properties or investing in REITs (real estate investment trusts).

Invest in stocks of companies with steady dividend growth. Some companies, especially those with steady profits and growing dividends, may have the ability to protect you from inflation. The payouts of such companies often increase over time, offsetting losses from inflation.

Invest in basic commodities. Commodities such as gold, silver, and oil usually maintain their value or increase in value even when inflation occurs.

Study the financial news. Knowing what's happening in the economy can help you make informed decisions about how to protect your money from inflation.