While holding or moving to cash might feel good mentally and help avoid short-term stock market volatility, it is unlikely to be wise over the long-term. Cash doesn't earn any return and does not grow in value, so inflation erodes its purchasing power over time.
by Daniel at http://www.ifacareers.today
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Thursday, June 25, 2020
Op-ed: There is no such thing as truly risk-free — even going to cash
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