Investing Basics flipbook_2024

Although cash alternatives are more stable than stocks and bonds, they may not keep pace with inflation. For the 30-year period ending in December 2023, U.S. inflation averaged about 2.51% a year. Thirty years from now, it could cost much more to buy the items you need. NOW: $50 IN 30 YEARS: $105 IN 30 YEARS: $99,388 NOW: $47,244 BAG OF GROCERIES NEW CAR Assumes a 2.51% annual inflation rate. Sources: London Stock Exchange Group, 2024, Consumer Price Index for the period 12/31/1993 to 12/31/2023; Kelley Blue Book, 2024