Cash has always been seen as a fairly safe investment, and our forefathers were quite happy to put their money under the mattress and leave it there.
Today we realise that you cannot just put your money away and forget about it, because inflation will erode its value.
If you want a stable income, a bank deposit is still a valuable investment option.
However, money market funds have become a very popular alternative.
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
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