Tempted to stash your money in a bank CD?

Or maybe under your mattress?

Think either one of them will keep pace with inflation?

Think again.

Inflation

Inflation is defined as an increase in the general level of prices for goods and services. Deflation, on the other hand, is defined as a decrease in the general level of prices for goods and services. If inflation is high, at say 10% – as it was in the 1970s – then a loaf of bread that costs $1 this year will cost $1.10 the next year.

Currently, the inflation rate in the US is very high. Historically, inflation in the US has averaged 3.3% from 1914 until 2021, but it reached an all-time high of 23.7% in June 1920 and a record low of -15.8% in June 1921. Read more

Contact Information

Address

3501 N. Causeway Blvd, Suite 420
Metairie, LA 70002
Get Directions

Phone

Office: 504-832-3006
Toll-Free: 866-553-3006
Cell: 504-258-7929

Fax and Email

Email Roland
Fax: 504-832-3031

Appointments are available in 30 minute timeslots.

Registered Principal, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer. Member FINRA/SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge is not affiliated with Doubleday. Cambridge does not provide tax advice.

This communication is strictly intended for individuals residing in the states of AL, CA, CO, FL, GA, ID,  LA, MD, MS, NC, NJ, NY, OH, SC, TX, WA. No offers may be made or accepted from any resident outside the specific states referenced.

The information being provided is strictly as a courtesy. When you link to any of these web-sites provided herein, Doubleday makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site.

Copyright © 2022
Doubleday Financial