The coronavirus has globally impacted the amount that consumers are buying and fewer companies are investing. Keeping pace with inflation in the long term means considering if your savings and investments could be affected. Before the COVID-19 pandemic, things were actually pretty quiet on the inflation front. Nonetheless, it is worth considering the possibility that inflation may rise to levels that have historically been more ‘normal’. A diversified portfolio should always include some protection against inflation; seeking professional financial advice could help you to diversify your investment portfolio.
