Beat Inflation by Buying These 2 Stocks
With inflation rates approaching their highest point in a decade and select sectors of the market losing value right now, investors may be worried about the stock market and looking for safer places to put their money.
But rising inflation doesn't mean you need to pull your money out of the market. There are investment options like dividend stocks that provide a potential option for your money as their regular payouts can help your portfolio account for inflation. There are other stocks that do well no matter the broader economic situation, such as companies that provide discounted essentials.
Kimberly-Clark (NYSE: KMB) and Costco Wholesale (NASDAQ: COST) are good examples of companies that do both and do them well. Let's see why these two companies can help your portfolio beat inflation.
Source Fool.com
