پارسی، ترجمه و ویرایش

۱۳ اردیبهشت ۹۴

همۀ دانشجویان باید ترجمۀ خود را با رعایت تمام نکات نگارشی به صورت تایپ‌شده تحویل دهند. ترجمه‌های دستنویس اصلاً پذیرفته نخواهد شد.

 Inflation — defined as a sustained increase in the price of goods and services — seems to be inevitable. While rising prices are bad news for consumers inflation can be quite profitable for investors.

Inflation-Sensitive Investments

 Inflation erodes the value of a nation’s currency. In an inflationary environment, a gallon of milk that once cost $3 may now cost $4. There are a variety of factors that influence inflation and arguments about its root cause, but for consumers and investors, the end result is the same. Prices rise. For investors, the key to making money in an inflationary environment is to hold investments that increase in value at a rate in excess of the rate of inflation. A number of investments are historically viewed as hedges against inflation. These include real estate, gold, oil, stocks and inflation-indexed bonds.

Real estate is a popular choice not only because rising prices increase the resale value of the property over time, but because real estate can also be used to generate rental income. Just as the value of the property rises with inflation, the amount tenants pay in rent can be increased over time, enabling the income generated by an investment property to keep pace with the general rise in prices across the economy.

Gold is also a popular inflation hedge. Investors tend to turn to this precious metal during inflationary times, causing its price to rise. While silver and other metals also tend to gain value during inflationary times, gold is generally the headline-grabbing investment, with the price of gold shooting up when inflation is notably present.