What would be your recommendation for fighting inflation?

I mean how do we invest our money in order to fight inflation. Don%26#039;t tell me that you accept our government official report on inflation rate: 2%. I believe this year, the inflation rate is more then 10%.

What would be your recommendation for fighting inflation?

Most people never agree on this BUT to me, the safest way (of course not so effective but still something) to REDUCE inflation is to put your money in the fixed deposit. At current rate, it will cut down inflation by about 3% for the money you have. This is a low risk low gain strategy for people who are risk adversed but it guarantees your success.

For people who want high gain (with high risk for sure), dump your money in all the investments you can find like share, unit trust, properties, business etc. These are the best options according to the salesmen who want you to buy their investment products. High gain always accompanies by high gain and don%26#039;t be surprised and don%26#039;t curse the salesmen if you get nothing or even lose money (multiplied inflation rate?!).

There is no guarantee of success here because, if the plan is so damn good, do you think anyone wants to sell it to you?

Real inflation rate is definitely higher than 2%, just compare all the prices of our necessary household items few years ago and now. Everybody can come out with their own inflation rate by plugging different figures as basis. E.g. inflation rate goes down by 50%, just look at the laptop price now and last time ... %26quot;BOLEH!%26quot;.

What would be your recommendation for fighting inflation?

i didnt know that.. thanks for telling me.