Spread your investments across different asset classes such as stocks, bonds, real estate, and commodities. Diversification can help mitigate the impact of inflation on your overall portfolio.
Consider investing in Treasury Inflation-Protected Securities (TIPS) or inflation-indexed bonds, which adjust their principal value based on changes in inflation.
Avoid knee-jerk reactions to short-term fluctuations in prices or interest rates. Focus on long-term investment goals and stay committed to your financial plan.