Property is the Best Way to Beat Inflation - Page 2

Property is the Best Way to Beat Inflation

By siliconindia   |   Monday, June 4, 2012   |    1 Comments

2) Advance planning for inflation

To fight against inflation, investors need to plan their finances carefully in advance. The same is applied for housing budget. Moreover, advance planning for EMIs is also very important as the interest for EMI payment likely to increase and it will increase in near future. For this, you should save some money in a short-term fixed deposit, which you can use in case the EMI installments increase. Having knowledge about the impact of inflation is also one important pre requisite as many of the investors are unaware of the negative effects of inflation. A person with sound knowledge of inflation and harmful effects of inflation is sure to ride through a bad situation with ease that will help him retain his wealth.

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