Five percent Inflation will persist for another 5-10 years. There is simply too much money floating in the hands of consumers.
Therefore, we must create our own streams of income to combat inflation. My favorite countermeasure is income investing.
We have three choices with each dividend we receive: reinvest, spend, or hold. We can make each choice as the month progresses.
We never know which commodity inflation will; hit hardest; one day, it is gas, and the next, it is meat. Having dividends in hand makes our lives much more fluid and manageable.
Income Investing is the best way to ensure you cover your bases against inflation. I love income investing because I control my paycheck. Good Luck!