Time is money, but time is not money's friend -- at least not in the current inflationary environment. When inflation is up, the purchasing power of the dollar goes down, which not only affects the cost of goods and services but also impacts your savings and investment earnings.

The goal is to have your investments keep pace with or ideally outperform the current inflation rate in order to grow your money. Considering inflation now is at 6.2%, it's downright intimidating to conceptualize how to keep your investments caught up with the speed of inflation, but the good news is, it's totally achievable if you know where and what to invest in.

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Source Fool.com