The value of a dollar has plummeted lately

Jan 18, 2022

What can we do when the value of the dollar plummets?

Chart showing the value of the dollar going down

The value of a dollar has plummeted lately with the recent ravages of inflation, but the loss of value is just a more severe and considerably steeper continuation of the long-term decline in the value of a dollar.


As measured by the Consumer Price Index (CPI), the dollar has lost about 40% of its purchasing power just since January 1, 2000.


Once called the “almighty” dollar, it seems that adjective is hardly warranted now. (Chart from wolfstreet.com)


When you work with Womack Investment Advisers, Inc. this type of data, and a whole lot more, go into our fiduciary responsibility.


We take a tactical approach to your investments and monitor trends and data constantly. It's one of the biggest things that sets a local investment advisor apart when thinking about who to trust with your financial portfolio.


If you're ready to work with someone with YOUR best interest in mind, schedule a call with Greg today! We'll get you off on the right foot to help you plan to create, grow, nurture, protect & finally pass on your wealth to those you hold most dear. 

Womack Investment Advisers, Inc. (WIA) is a registered investment adviser whose principal office is located in Oklahoma. Womack Investment Advisers, Inc. is also registered in the State of California, the State of Illinois, the State of Indiana, and the State of Texas. WIA only transacts business in sates where it is properly registered, or excluded, or exempted from registration requirements.

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