With the increasing threat of higher inflation, experts suggest investing in a basket of broad-based commodities.
"Although the government says inflation is in control, you and I are seeing higher prices at the pump and at the grocery store," noted Tom Lydon, president of Global Trends Investments and editor of ETF Trends. "The way to combat that is to buy commodities."
The Goldman Sachs Connect S&P Enhanced Commodity exchange traded note (GSC) invests in futures of about two dozen commodities, including energy products, industrial metals, agricultural goods, livestock products and precious metals.
Lydon added that commodity prices will stay on an upward trajectory as demand around the world grows along with population, particularly in emerging economies.
Young people are all about keeping up with the latest trends, even when it comes to their investing strategies.
