For retirees, however, advisors often recommend keeping two to three years' worth of income in investments that are not subject to the whims of the stock market. Depending on a person's particular situation, part of that strategy could include a cash component.
For long-term investors — say, younger workers saving for retirement — it's important to remember that while the stock market might jump around or enter a prolonged downturn, no losses you see on paper are locked in unless you sell. And history has shown that the market always ends up going back up — and surpassing its previous high.
"The average investor would tell you that their objective would be to sell at the peak and buy back in at a much lower point," Robbins said. "However, in practice, the vast majority of clients who try to time the market will sell based on fear and wait until they feel less fearful to buy back in.And, there is inflationary risk that comes with cash.
Additionally, if you own stocks that pay dividends, you'll miss out on those periodic payments, as well.
Just another propaganda piece trying to cause economic panic for political purposes. Disgusting and immoral.
Going to cash won’t save you because of inflation the money would be worth less when the crash happens than what it is now.
When before 1971 lol
hell, yeah, experts said every single time when stock market's going up. Everybody knows retreat's coming, but when?
Cash is Trash- nice try.
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