When we think about risk, what’s more important? Do we seek the relative protection of bonds knowing that they are likely to perform better in a market downturn? Or do we concern ourselves with the longer-term impact of inflation and invest in ways that preserve the purchasing power of our assets?
Investing is often about trading short-term risk against long-term goals. Striking the right balance between the two can make a big difference when it comes to reaching our destination. Our latest article, The Impact of Inflation, touches on this issue and helps point us in the right direction.