Protect Your Wealth Against Inflation in Three Easy Steps

Inflation might have fallen off the list of concerns for many investors, but history suggests that failing to protect against it could be hazardous to your wealth.

A woman puts her hand protectively between tipping wooden blocks and stacks of coins.
(Image credit: Getty Images)

Inflation fears are out of fashion within the investor community. They’re far more interested in recession spotting and next year’s presidential election.

After all, the core Personal Consumption Expenditures (PCE) Index, the Federal Reserve’s preferred measure of inflation, has declined steadily over the past 12 months. “Core” simply means that food and energy prices are stripped out of the index because they tend to be volatile in the short term and can be driven by environmental issues or geopolitics.

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Michael Joseph, CFA
Portfolio Manager and Deputy Chief Investment Officer, SAM

Michael is a Portfolio Manager and Deputy Chief Investment Officer at SAM, a Registered Investment Advisor with the United States Securities and Exchange Commission. File number: 801-107061. He sources investment opportunities and conducts ongoing due diligence across SAM’s portfolios. Michael co-manages SAM’s Income and Tactical Select strategies. Prior to joining SAM, Michael worked with high-net-worth private clients for the largest independent wealth management firm in the United States. He was also a senior analyst for one of the largest investment-grade bond managers in America. Michael joined SAM in 2017.