Nearly four in five Americans (79.1 percent) report having done nothing to their investment portfolio or retirement accounts to hedge against generationally high inflation levels, according to a new survey of 2,502 adults conducted by Gold IRA.
The results found that, while few have taken action on their portfolio in light of 40-year-high inflation levels, 9.4 percent have diversified with precious metals such as gold or silver. The next most popular diversification assets were cryptocurrencies, of which 4.9 percent of respondents claimed to have recently added to their portfolio due to inflation concerns.
Additionally, 5.3 percent of respondents claimed to have diversified with real estate, and only 1.4 percent, the least of any response category, diversified with Treasuries (TIPS).
Generally, older respondents (