What to sectors to buy in high inflation
Inflation is the rising price of goods and services. The increased cost of living essentially means you will need to spend more money when purchasing everyday items such as bread, milk, apples, petrol, etc. Cash would not be the optimal asset class to hold in a high inflationary environment as inflation is rising faster than the interest that you earn on your cash. Stocks would be a much better choice. For many companies, their revenue and earnings should grow at …