People of US might have to bear the double whammy of much discussed recession and the much-hyped inflation. Inflation looks inevitable in the US economic scenario as Obama administration is all set to pump billions of dollars in the probable resurrection plan of US economy. This has further furrowed the brows of investors who are getting worried about the future of their investment. Though inflation, according to experts, is not going to strike US economy any time soon, a large section of investors are lacking trust and courage to take decisive decision. The best way to get rid of this bleak economic scenario is to polish your investment portfolio. Staying afloat in this troubled time can only be possible if you manage to prepare a solid portfolio.
No need of making an overhaul change in your investment portfolio. Try to diversify your investment in different areas as far as possible. Rising fiscal deficit can lead to devaluation of dollar. It would better for the investors to invest in only those areas, which are largely insulated from inflation such as commodity market.
Here are some tips that you should follow for avoiding economic turbulence: