You might not hear that inflation is here, and it might not be, but, unfortunately, we will be facing the negative effects of inflation sometime in the relatively near future. If you do not setup decent hedges against inflation, your investments that are contingent on low-interest rates will suffer and you will lose some profits. I don't want anyone to get freaked out, and interpret this post as an urging to sell all of your investments and go all short on treasuries. Rather, build up some cash by selling bits and pieces of your investments, and put in place a proper hedge against inflation - now.