James Chen, CMT is an expert trader, investment adviser, and global market strategist. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and currently holds a Life, ...
Purchasing power refers to the quantity of goods or services $20 can buy today. Inflation erodes purchasing power, making $10 buy fewer loaves of bread over 10 years. Investing in S&P 500 funds can ...