Great Article from BLACK ROCK !!
RETHINK THE COST OF CASH
Cash is an essential part of every portfolio. But holding cash and putting your portfolio "on hold" is not a long-term investment strategy, since cash holdings historically have produced negative returns after considering the effects of taxes and inflation.
Cash Averages a Negative Return After Taxes and Inflation1
"So what do I do with my money?"
Cash is an essential part of everyone’s finances and plays an important role in saving and investing. In terms of investment risk, cash is also probably the most conservative option. But safety and comfort come at a price—the probability you will not meet your long-term investment goals. While today’s market conditions understandably produce anxiety, investors with large amounts of cash should take a step back, assess their goals, and work with their financial advisors to make their money work harder for them. Ask your financial advisor about how to build a balanced, diverse portfolio designed for growth even as markets stagnate.
Watch this video, it is so True but get advise before taking any steps !!
http://www.youtube.com/watch?feature=player_embedded&v=KBJ3Ne-BXf8
Steven
Go to the Black Rock Website !!
Interesting ideas :
http://t.co/jO0kDE77
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