According to government-backed mortgage buyer Freddie Mac, the average interest rate for the most popular long-term mortgage, a 30-year fixed, is more than double what it was just over a year ago. Now is the time to get a hedge against this inflationary spiral by investing in precious metals.
Retirees across the country are feeling the sting of inflation and it’s only going to get worse. Food and fuel prices keep rising as the dollar’s buying power shrivels. People on fixed incomes are particularly vulnerable. Silicon Valley Bank closes! However, one way individuals can combat this issue is by holding investments in certain asset classes that perform well even during inflationary times—in particular, hard assets. One thing these hard assets have in common is that they invite investors to think creatively (and more long-term) about their portfolios.
Rare coins and precious metals have fundamental reasons to hold their value and often rise dramatically when inflation is soaring. U.S. Asset Advisors can help you create a hard asset portfolio that will enable
you to weather the storm. Call (833)872-7738