It’s tempting to keep all your money in cash because it seems so safe, right? After all, it’s guaranteed by the government. However, you’ll never build wealth when you’re losing money to inflation.
Stocks, on the other hand, feel so risky. Most of us, including the dictionary, see risk as “the possibility of loss.” But as smart investors know, risk is an opportunity for gain.
In fact, the biggest risk you take, as a woman, is not that the market will go down. Because it will. It always does. But it also always goes up.
The biggest risk that you and I take is that we will OUTLIVE our money…that our purchasing power, like a wool sweater in a hot dryer, will shrink over time.
So at least a portion of our money must be invested in assets that grow faster than inflation and taxes take it away.
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