Cash Is Costly Over the Long Term

Posted on August 8, 2013 | Investor Update

Many Americans believe “cash investments are the best way to invest money not needed for more than 10 years,” according to a new survey by Bankrate.com. More than one in four Americans (26%) favor cash as the best long-term investment, choosing it over real estate (23%), gold or other precious metals (16%), stocks (14%) and bonds (8%).

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