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Our problem, too much cash and we are concerned ...

Our problem, too much cash and we are concerned that inflation will start eroding our future. We have no debts and we own our home free and clear. I am 50 and my wife is 47, both have been with our current employers for 25 plus years and plan on stopping at age 55. I am concerned that inflation will start eating into our savings. Should we buy a second home as protection against inflation? Or is there soem other vehicle to protect our cash?


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Dolans.com   Money Made Simple

Dolans.com

This is not a bad problem to have!  You and your wife are doing SO well...NO debt!

Inflation MUST return as the government starts printing money to pay for all of the programs being discussed.

At the moment the best hedge against inflation is CASH...a nice juicy emergency fund.. 

A general comment, knowing nothing of your investment philosophy/risk reward profile--take a look at TIPS (Treasury Inflation-Protected Securities - but low rates at the moment) and a low-cost index fund (equities) if you feel bullish (we don't).

Tricky business to buy a second home with the hope that inflation will automatically increase it's value over a period of years...all new rules in the real estate game.

Deals on vacation homes abound, but buy it for the right reason--to use it and love it.     

Best - Ken and Daria
Posted 2009-08-07T12:59:04Z
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Beat inflation with tax deferred products.  Contact your local advisor for more information.  In the meantime, you can download a free copy of a complimentary retirement book I am giving away.

John F.

http://www.smartmoneyplan.com/johnfultz
Posted 2009-08-19T19:21:20Z
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