clarkkent, page-40

"1. To avoid the unforeseeable, unknowable negative event, keep most investable assets in interest bearing accounts."


That is the biggest load of crock I have ever heard.
If you keep most of your net worth in cash, what you end-up with long-term is MOST of the cash rate (6% before tax).

The market rewards risk.
Thats a fundamental concept in finance.



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