Cash is not risk free! – Money Tips 365 Day 38

People think that holding the cash in the bank is risk free
when you compare it to investing in assets, such as stocks and shares or property.

Whilst it’s true that a bank deposit carries less risk
and volatility, it is far from risk free. 

Bank deposits are only insured up to £85,000 in the UK
($250,000 in the US).

Inflation is eating into your cash every month.

The value of your money is going down every year. 

Course, it’s sensible to keep 3 to 6 months of cash
reserves in the bank, but other than that it makes no sense to keep your money
in the bank over the longer term.  

In order to receive a good long-term return on your
money, it needs to be invested into assets, such as stocks and shares, property
and bonds, as well as to a lesser extent, precious-metal commodities, such as
gold and silver.

While the investment landscape continues
to evolve with the emergence of new opportunities such as cryptocurrencies, the
enduring appeal of gold and silver remains undeniable. These precious metals
offer stability, tangibility, diversification, inherent value, and a
time-tested hedge against inflation. Investors looking for a reliable and
proven store of value should consider the enduring allure of gold and silver as
foundational elements of a well-rounded investment portfolio.

For a free gold, investment report, and Discovery Call,
click here.

https://pure-gold.co/charles-kelly

Need help with your money?

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·       
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