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Few people equate the wordinflationwith wealth.
Most of the time, inflation garners feelings of frustration and anger.
Higher prices and stagnant wages make it harder to get out of debt and save money for the future.
But inflation may have an upside.
In some instances, inflation may actually help the middle class get richer.
We asked financial experts nationwide to discuss ways the middle class can use inflation to build wealth.
Here are four ideas tohelp you get richerduring inflation.
Purchasing stocks in these companies can help you capitalize on this phenomenon.
During inflationary times, some companies can raise prices without affecting consumer demand.
Stocks often do well during inflation because companies can raise prices to cover higher costs, said Shayowitz.
By investing in a mix of different stocks, you could potentially earn returns that beat inflation.
He explained, Inflation causes real estate values to increase.
When inflation is high, the first thing governments usually do is raiseinterest rates, he said.
That makes home prices higher, as weve seen in the past few years.
Buying cheap land now can lock in your rates.
If you buy a house, thats even better: you might make passive income by renting it out.
In fact, there may be more stability in these items.
Gold holds value better than just about any other asset, said Lieberman.
And even when not experiencing high inflation, diversifying is always a good idea.
He said, Spreading out your assets gives you the best chance to ride out the storm of inflation.
Investing in bonds and raw materials along with the market can help.
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