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“ ”First, they could stay in cash, which means they are losing money due to inflation.
Anthony Jay Robbins (born Anthony J. Mahavoric; February 29, 1960) is an American author, coach, speaker, and philanthropist.
Biography information from Wikiquote
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You can’t hit a target if you don’t know what it is.
The future has many names. For the weak, it’s unattainable. For the fearful, it’s unknown. For the bold, it’s ideal. — VICTOR HUGO To avoid criticism, say nothing, do nothing, be nothing. — ARISTOTLE
For the 20-year period from December 31, 1993, to December 31, 2013, the S&P 500 returned 9.2% annually, but the average mutual fund investor averaged just over 2.5%, barely beating inflation.