Quote:
Originally Posted by Rain Man
Inflation is my biggest concern. I don't see it slowing down as fast as we're hearing, because wages are going up and production and shipping costs are going up and people have more money to spend.
I've been reading that good stocks in an inflationary environment are companies that can easily siphon off increased dollar flows (e.g., banks and credit card companies) and low-cost consumer goods (e.g., Coke and Pepsi, fast food, etc.) What do you all think?
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Here locally, rent has inflated significantly. Do a cheap remodel on a house and you can pull in a new tenant looking to improve their housing image and directly cut off most of the new income a lower level family is now pulling in. They're happy, the owner is happy, and the money is gone.