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To: bruinbirdman

“Cash! Why so much talk of cash. Keep some for emergencies and liquidity, ready to invest in equities.”

Generally speaking, we are paid in cash. So if the value of the cash is decreasing, you will be purchasing less until your income catches up.


89 posted on 07/19/2007 2:10:26 PM PDT by richalessi
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To: richalessi
And inflation is what from the day one is paid til the next day when he invests in inflation beating instruments? Or part of that paycheck is automatically invested?

I said, "There are ways to beat inflation." Do you disagree with that simple statement?

yitbos

90 posted on 07/19/2007 2:20:20 PM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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