Weekend reads: What you can do to counter high inflation

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We have some tips on how to limit inflation’s effect on your day-to-day expenses. Catch up with our weekend reads:

This week featured another batch of government reports underlining the high inflation Americans are suffering through. The Consumer Price Index for July hit another multidecade record with a year-over-year increase of 9.1%, and the Producer Price Index was even uglier. Hopefully next month the recent pullback in gas prices will bring those numbers down.

More about Social Security — read this if you care about protecting your spouse Discussions about when to begin receiving Social Security benefits can get complicated, but Jim Blankenship boils them down to a simple decision. More stock choices after prices have dropped: These high-yield stocks are down as much as 58% this year. But their inflation-fighting dividends have room to grow.

What about Amazon — is it time to scoop up shares? Shares of Amazon.com AMZN, +2.64% have plummeted 34% this year and now trade at their lowest valuation to estimated sales in six years. Check out this deep look into Amazon’s growth history and prospects for the next few years.

 

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