Quote Of The Week: Why You Don’t Want To Hold Too Much Cash

“You are taking a different kind of risk with a savings account. You watch your money erode because of inflation – our dollar buys less with each passing year.  So investing in dollars is a loser’s game. You have to buy stocks and bonds.”

Jack Bogle, founder of Vanguard, and creator of the index fund, as interviewed by Jack Otter, AARP Magazine, August/September 2017

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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