Dividends4Life: Three Commodity Investments to Purchase for Income and Inflation Protection

Oil prices have climbed in recent weeks as the number of Russian troops along the border of Ukraine have surged from roughly 130,000 to more than 150,000. U.S. President Joe Biden and other U.S. officials have urged all Americans to leave Ukraine immediately. With Ukraine’s economy and production of minerals imperiled by Russia’s threats, the price of commodities could rise further if the supply is trimmed. The situation has gained keen interest from investment forecasters.

Mark Skousen, PhD, the leader of the Forecasts & Strategies investment newsletter, as well as the Five Star Trader, TNT Trader, Fast Money Alert and Home Run Trader advisory services, recently recommended Freeport-McMoRan Inc. (NYSE: FCX), a giant international copper, gold and oil producer headquartered in Phoenix, Arizona. A good way to take advantage of the boom in copper and industrial metals is through Rio Tinto PLC (NYSE: RIO), a global mining giant that searches for, and extracts, a variety of minerals from places such as North America and Australia. Bob Carlson, a pension fund chairman who also leads the Retirement Watch investment newsletter, said he recommends investing in three funds that offer exposure to commodities. The one dividend payer among them offers a basket of inflation hedges through DWS RREEF Real Assets (AAASX).

Source: Dividend Investor

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