The last time we saw interest rates rise as fast… This was state of the art technology
By: Greg Maxwell
Investing
That was 1994, when the Reserve Bank hiked rates from 4.75 to 7.5 percent … And while you could technically buy a mobile… It had no touchscreen, no apps and the battery was bigger than the phone
Right now, interest rates have surged to their highest level since 2011 – And while not nearly as high as three decades ago, many investors are still feeling the pain as the Reserve Bank tries to dampen inflation.
However, Motley Fool Chief Investment Officer, Scott Phillips says it's not all doom and gloom… saying "Just like 1994, these troubles will also pass".
In fact, Scott has shown, despite inflation and interest rate worries, there are still solid gains to be made – with some of his recommendations in his Motley Fool Share Advisor service hitting returns of 120%, 86% and 75%, in the last year alone.
And while the Share Advisor team has also picked stocks that haven't done as well (some have even lost money)…
Scott warns investors against sitting on the sidelines. "Yes, while inflation and rising rates have hit many companies – and some may even fail – top flight companies will continue to grow and even thrive. If you have any money to invest – I reckon now is not the time to be sitting on the sidelines".
To help investors Scott has put together research on three companies he says investors should seriously consider if they're looking to beat inflation.
With an enviable track record of picking winning stocks – no matter what the market is doing – Scott Phillips' inflation stocks report is a must read for any investor looking to beat rising prices.
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Returns as of 27 December 2024. Motley Fool contributor Greg Maxwell has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. For more information about The Motley Fool see our Financial Services Guide. All returns cited are hypothetical and based on the percentage change between the stock price at the time of recommendation and the current or sell price (if the position has been closed) at the time of publication. Brokerage, taxes and any other associated costs are not taken into account. Please remember that investments can go up and down. Past performance is not necessarily indicative of future returns. Performance figures are not intended to be a forecast and The Motley Fool does not guarantee the performance of, or returns on any investment. Any money back guarantee is strictly limited to the subscription price paid for the product.