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In our current market, inflation is certainly one word that most investors dislike hearing. Afterall, the higher the inflation, the lesser the dollar is worth. Almost anyone who follows the news might know that we are currently living in a time where inflation is the highest anyone has ever since thus far.
Pretty much
Pretty much
As such, one must find ways to go about hedging against inflation. That being said, money market funds would look good as they tend investors to hedge against inflation. As such, the $Fullerton SGD Cash Fund (SG9999005961.MF)$  is one way I chose to battle against inflation. This is because with high inflation, comes high volatility in the market. And as such, I chose to protect majority of my money from the market by placing it in this fund and observe the market before I make any moves.
While the fund gives close to a 2%(apy) returns of my money, it certainly isn't enough to beat inflation. However, it definitely beats the rates given as banks or even buying stocks and watching it fall rapidly due to surging inflation.
This is fine
This is fine
Another fund that I have placed some money at is the $AB International Health Care Portfolio (LU0289739699.MF)$ in a RSP . The reasoning for this is that healthcare is always required. As such, although inflation hits hard, pharma companies, although affected, would still be in demand regardless. As such I believe that inflation wouldn't hit this sector as hard as the others and thus is in my portfolio. (That and alongside the RSP which also helps me to DCA, a way to combat volatility!)
As I slowly look into buying assets in the market, one thing I have done is I have set aside some money and I have decided to play side bets in the market. By side bets, I do not mean buying meme stocks, but rather etfs such as the inverse etf $ProShares UltraPro Short QQQ ETF (SQQQ.US)$  or the etf $ProShares UltraPro QQQ ETF (TQQQ.US)$ . The reasoning for such is although my main goal was to avoid volatility due to massive inflation in the market, I could also play the game of riding the wave and to make some side money in hopes to reduce my deflationary stagnant money.
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Lastly, to combat inflation, I have looked into buying stable fidelity funds. The stablity allows me to not worry a whole lot about my capital (defends volatility) while I also get the benefits of monthly dividends. As such, the $Fidelity Funds-US High Yield Fund MDis (LU0251145404.MF)$ is a fund that I am particularly interested in making an RSP for since it reduces inflation damages by providing me with passive monthly returns.
Looking at my portfolio choices, I believe that these would help in protecting my wallet against the surging inflation and I coincidentally seem to have made choices that defends against them.
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