Inflation

From Blackrock:

Is inflation an imminent threat? It may not seem that way, but longer term, prices have a tendency to rise, and investors should build in some protection to their purchasing power. Furthermore, in light of the incredible extended period of monetary stimulus by the Fed, the likelihood of future inflation is higher.

Keep in mind that inflation data is not the first place you will see inflation, but rather it will appear in the rising costs of goods and services.  

My comment:  Government statistics say that inflation has been tame for the past several years.  A quick trip to the grocery will debunk that theory pretty fast. {I think food prices are higher over the past 12 years than what the chart above shows.} Investors need to plan for an inflation rate of 3-5% depending on the different category that concerns them in the future.  Gas for example could remain stagnant or decline somewhat in the future as electric cars and natural gas become more of an energy source for transportation.  Colleges however, have seen tuitions increase around 9%.  

Link:  Blackrock:  A Different Way to Look at Inflation.