Inflation, Living Standards, and Returns
Aug 6th, 2009 | By Charles L. Stanley CFP® ChFC AIF® | Category: Featured ArticlesJames L. Davis, Vice President, Dimensional Fund Advisors
Investors are concerned about inflation, and rightly so. Average annual inflation in the US between 1929 and 2008 was nearly 3.3%. A dollar at the end of 2008 had about the same purchasing power as eight cents did at the beginning of 1929. Protecting the purchasing power of [...]
