Concerned about inflation? Here’s why stock investors should stay the course, says Ritholtz COO
Prices that consumers pay for everyday items surged a whopping 8.5% in March, the highest levels since the early days of the Reagan administration. Inflation chips away at the real value of investor capital and investments. It could also make company future profits less valuable today and lead to higher interest rates.
However, Maggiulli believes investors would be better off by continually investing over time rather than changing their strategy based on macro pictures. His new book “Just Keep Buying” is a data-driven guide to personal finance and investing.
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