Welcome to the weekend edition, a small collection of links to interesting personal finance related articles and economic news from around the web.
It looks like the Federal Reserve should no longer be concerned about the economy running into a deflation (persistent drop in prices) as all the money printing has succeeded in eliminating this risk. In fact, maybe it’s time Ben starts considering worrying about inflation as it seems to be accelerating and getting increasing attention in the media.
January’s consumer-price index which measures the change in the price of goods and services purchased by consumers (inflation gauge) was released on February 17. The consumer-price index increased 0.4%, exceeding the 0.3% estimate while the core rate, which excludes food and fuel costs, rose 0.2%.
Excluding food and energy, it’s not that bad right? So maybe you should cut down on eating and fuel consumption and you’ll be just fine. On the other hand, you might want to make sure your portfolio is protected as inflation might only get worse.
Commodity ETFs, Gold, Silver and Oil(that would be me) in various investment forms are one way of doing it. How are you protecting your investments?
Economic roundup:
China gold demand growing at “explosive” pace
Inflation makes comeback as prices rise for food, fuel
Companies Warn That Higher Prices Are Looming
Clothing prices to rise 10 pct starting in spring
Rising Milk Prices Are ‘New Normal,’ Fonterra Says
Weekly blog roundup:
InvesItWisely presents 10 Innovative Ways You Can Invest in Real Estate
Sustainable Personal Finance has tens of sustainability tips to go through that I will let you discover. You can start discovering his site with one of the following articles:
· Your Dog’s Diet Could Cost You and Your Dog
· Giving to Charity – Sustainability for the Soul
· Don’t Lighten Your Wallet with Inefficient Lightbulbs
Home Security System Canada provides Canadian home owners information on how to feel secure in your house.
101Centavos provides an update Centavos Model Portfolio Update – February 16th, 2011
Investing Thesis interviews a portfolio manager who is Bull On Crude Oil, Bear On Natural Gas (same here)
The Righteous Investor on Hyperinflation is now here II: Food prices
Boomer and Echo has a different opinion with inflation rates are not as bad as they seem.
RetireBy40 got it all figured out with How To Retire By 40
BalanceJunkie has 7 questions for you in What’s Your Investment Personality?
Enjoy the Weekend!