Grace sits down with financial expert Jonathan McCoy to learn more about how you can invest to fight inflation if interest rates drop. Tune into KCTV5 every Thursday at 9am for investment advice from Market Advisory Group & submit your investment questions at www.AskOurAdvisor.com. Your question may be answered on air.... ( read more )
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Are you investing to keep up with inflation? Inflation is a term that we often hear in the field of economics, but what does it actually mean? In simple terms, inflation refers to the rise in the general level of prices of goods and services over a period of time. When inflation occurs, the purchasing power of money decreases, which means that you can buy less with the same amount of money. So, why is it important to invest to keep up with inflatio...
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