As the economy is finally looking like it's emerging from the depths of one of the biggest recessions in a generation, there are other concerns many investors may now have. The government had to pump trillions of dollars into the economy to prevent a Depression from occurring. Because of this, inflation is all but a guarantee.

Inflation is not always a bad thing. In fact, any growing economy will have and need inflation to some extent. It's just when it gets so high that it hurts the everyday public's ability to buy needed goods and services, that it can be viewed in a negative way. So, how can one protect their wealth in times of high inflation like we will likely see in the coming 1-2 years? The stock market is always a good bet.

Most stocks will at least hold up pretty well in times of inflation, however certain stocks could benefit much more than others. You want to look for companies which do not have a majority of their expenses coming from raw materials, or any materials for that matter. If a company creates their revenue primarily from fixed assets they have, as prices go up, their expenses will not, but their revenue will. Also look for companies who can quickly adjust their prices should inflation rise, and those who are in markets which are inelastic, meaning as prices rise, the demand for their products are not influenced all that much. Companies that produce drugs, beer, and oil are just a few of the ones you may want to take a look at.

All in all, stick with the stock market, and maybe some commodities like Gold, or copper, and you should at least protect your wealth from inflation, if not make a bit of money.