The Star: Investment Decisions Amid Inflationary Pressures

Kimberly states that it is best to refrain from panic buying or selling during this inflationary period and instead review your finances carefully to determine your next move. She encourages to remain invested during down times, however also notes that it depends highly on your current financial situation and financial goals. 

Kimberly recommends investing in equities since they will eventually grow with time as the economy recovers. According to her, investing in gold may not work as well now as compared to 20 to 30 years ago as there are now other precious metals which can offer higher growth. 

To protect your cash during an inflationary period, bank deposits or money market funds are generally good in the short term for those who want to use their money soon. Kimberly advises to be very cautious of investments that are too good to be true and to verify that the company is licensed first.

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