Chart o’ the Day: The Cost of Holding Cash
By Michael; courtesy of The Reformed Broker
In the short-term, having a strategic cash pile can be an excellent way to take advantage of opportunities – but in the intermediate to long-term, "sitting in cash" can cost you a lot more than you think.
Today's chart comes to us from BlackRock, burn this image into the back of your eyelids for the next time you're feeling froggy about risk. Your real risk is running out of money and cash hoarding is exactly how that will happen.
Source:
