TAN – The Afro News

Investing in the midst of Uncertainty

By Heather Holden PhD,The Afro News Vancouver

Given recent economic conditions and government interventions, it would be a good idea to consider the potential impacts on your long-term investment planning. Now may be a good time to think about your portfolio return above the inflation rate, in real terms, and to prepare for the risk of higher inflation.

Most investors would agree that preserving and even enhancing their purchasing power over time is a desirable goal. Different investments will serve you differently in your ability to clear the inflation hurdle.

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By Thomas J. Powell

The following is a fictional example. It never happened, except for in my head.  June, 2006  Las Vegas, Nev.

There is and always has been stiff competition between Las Vegas casinos. Located miles from the strip, Sin and Tonic Casino relies on clever ideas from their owner, Dale, to increase profits. In the summer of 2005, Dale decided to unveil a ‘Play Now, Pay Later’ program to his loyal customers. Dale’s customers, most of whom rarely left the casino because they had no home or job to maintain, were allowed to gamble and drink while management kept tabs on how much money they were each blowing through.

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