In economic terms, inflation is the steady increase of the price of goods and services that accompanies an increase in the supply of currency. The average inflation of a developed country is generally near 2%. This means that if your investments see a 10% gain in a year, you need to account for inflation which reduces it to a 8% gain in today’s dollars.
The major source of economic inflation is today’s fiat money system. Governments around the world can create new money whenever it suits them. They can do that directly, by printing banknotes. Or they can do it indirectly, by allowing central banks to expand their credit by writing cheques on bank accounts whose only asset is the government’s borrowing capacity. Whenever a government creates new money, it increases the potential for inflation in its home country. When the U.S. does it, it increases the potential for worldwide inflation, since the U.S. dollar serves as one of the main assets of central banks around the world.
Our view is that inflation soared in North America in the 1970s and 1980s, partly due to the maturing of the baby boomers. As baby boomers entered the workforce and replaced older workers, they had to be trained in their new jobs. This hurt productivity and spurred businesses to raise prices. As the boomers formed families, they borrowed to buy their first homes, so they were bidding up both real-estate prices and interest rates.
The inflationary effect of their home buying spread out and pushed up prices throughout the economy. There are a number of different investments that aim to offset inflation. This includes real return bonds that pay you a rate of return that is adjusted for inflation. However, we don’t recommend them, unless you are very concerned about inflation.
Discover how to put extra strength into your portfolio with our specific advice on how to identify high-quality dividend stocks. It’s all in our newly updated report, Dividend Paying Stocks: How High Dividend Stocks Can Supercharge Your Income Investing. And it’s yours FREE!
PFIZER INC., $26.37, New York symbol PFE, is your #1 Income Buy for 2024.
The company is one of the world’s largest makers of prescription drugs. Its top-selling brands include Enbrel (arthritis), Ibrance (breast cancer) and Prevnar (pneumonia).
With the March 2025 payment, Pfizer will raise your… Read More
Canadian bank stocks are true blue chip stocks and have long been a top choice for growth and income. Today’s economic uncertainty doesn’t change that
We’ve long recommended that all Canadian investors own two or more of the Big Five Canadian bank stocks — Bank of… Read More
Traditionally, there have been several options for parents and grandparents looking to make investments for children. But here’s how to choose the best investments for children in 2024.
Taking the time to pick the right investments for children and grandchildren is a worthwhile endeavour. If the… Read More
Characteristics of the best stocks with dividends typically include long dividend track record, along with market prominence
Stock prices rise and fall. However, the best stocks with dividends like to ratchet their dividends upward over time—holding them steady in a bad year, and raising them in… Read More
TORONTO-DOMINION BANK, $75.87, Toronto symbol TD, remains a buy for patient, income-seeking investors.
With the January 2025 payment, TD will raise your quarterly dividend by 2.9%. Investors will then receive $1.05 a share instead of $1.02. The new annual rate of $4.20 yields a solid 5.5%.
The bank… Read More
A: Brown-Forman Corp., $44.97, symbol BF.B on New York (Shares outstanding: 472.7 million; Market cap: $21.3 billion; www.brown-forman.com), makes and sells alcoholic beverages.
Based in Louisville Kentucky, the company was founded in 1870 with its first brand, Old Forester Kentucky Straight Bourbon Whisky. Since then, it… Read More
The TJX Companies demonstrates exceptional resilience through its unique “treasure hunt” shopping model, consistently delivering financial growth and shareholder returns across multiple international markets. With strategic expansions, a proven track record of payout increases, and an experienced merchandise team, the company offers investors a compelling… Read More
TORONTO-DOMINION BANK, $73.51, Toronto symbol TD, remains a buy for patient, income-seeking investors.
The bank recently settled charges over lapses in the anti-money laundering processes at its U.S. retail banking operations. As a result, it paid a fine of $3.09 billion U.S.
The settlement also imposed an… Read More
Real-return bonds pay a return adjusted for inflation. But when you buy a real-return bond, you are only protecting yourself against unanticipated rises in inflation. For investors looking for diversification, a real-return bond ETF might be an option to consider.
Real-return bonds pay you a rate… Read More
TC ENERGY INC., $68.26, Toronto symbol TRP, is a buy.
On October 1, 2024, TC completed the spinoff of its oil pipeline business as separate company South Bow Corp. (see below). Investors received 0.2 of a South Bow share for every TC share they held. They will… Read More
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How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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We do reserve the right, however, to collect and perform statistical analyses of the internet traffic to our website for our internal use. However, information collected does not allow us to identify any individual, and will not collect any personal information of the visitor. Furthermore, we do not sell, rent or loan to any outside parties the information collected and analyzed.
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Does TSI Network Use the Information It Receives?
"Contact Us" and Comment Features: TSI Network encourages visitors to its websites to contact us with questions and comments. Email addresses and other information of persons using these features may be collected in order to facilitate our responses to those inquiries.
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Special Note for Parents
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TSI Network does everything possible to prevent unauthorized intrusion to its websites and the alteration, acquisition or misuse of personal information by unauthorized persons. Notably passwords submitted by users of our websites are encrypted using encryption mechanisms. However, TSI Network cautions visitors to its websites that no network, including the Internet, is entirely secure. Accordingly, we cannot be responsible for loss, corruption or unauthorized acquisition of personal information provided to our websites, or for any damages resulting from such loss, corruption or unauthorized acquisition.
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What Choices Do I Have?
Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
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