As if the world hasn’t had enough to deal with, from a pandemic that lasted longer than anyone would have thought, to a war between Russian and Ukraine. With the global economy still in recovery, consumers have been grappling with the rising costs of inflation which looks set to worsen.
With supply chain issues and generally slowed demand for services due to the pandemic, the prices of goods will continue to rise. And investors everywhere will continue to look for ways to invest to hedge against inflation.
A good way for budding investors to dip their toes is start small and look for investments that appreciate over time.
Creating a passive income is every investor’s goal as it requires less output of labour, running cost, and time. Investing requires an understanding of the market and the factors affecting capital appreciation and Return On Investment (ROI). A healthy percentage to aim for is an average of 7 per cent going up for most businesses in the last 20 or so.
As an investor, remember to exercise your due diligence by weighing the options available and consider your return on investment from the asset. The following are some ways you can beat inflation by investing, as you sit back and watch your assets make you money.