Wherewithal ยป July 18, 2012

Daily Archives: July 18, 2012

Investing 101

The Invisible Tax: Inflation and Its Effects

A rose by any other name might still be a rose, but what about a dollar? Is the worth of a dollar today the same as it was back in, say, 1970? Or, for a sweeter example, what about the price of a can of Coke? In 1974, a glass bottle of Coke was $0.10. Today, a can of Coke will cost you around $1.20. Why the price change? In one word: inflation. From a can of Coke to your investment portfolio, inflation leaves no survivors in its wake. Continue reading

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