I nflation is a subtle force that steadily reduces the  purchasing value  of your money. As prices grow, the dollar you have now will buy fewer products and services tomorrow. For investors, this means that inflation can  gradually erode  the value of your portfolio if you are not prepared. However, with the appropriate tactics, you may  protect  and even  increase  your money during an inflationary period. Understanding Inflation’s Impact on Investments Inflation is defined