The risks of holding cash #cash

Making the decision to move to cash may seem like a safe move, but it's important to remember that holding cash is not an investment strategy. In fact, it can lead to the erosion of your money's value over time. Now, those who have chosen this path are faced with a new dilemma - when to re-enter the market. This decision can be just as stressful as the initial panic selling. The biggest risk for those who are too conservatively invested is inflation. They may not realize it, but by selling down now while the market is down, they are essentially waiting for the market to go up again before buying back in at a higher price. It's a tough situation to be in, but understanding the long-term effects of holding cash is crucial. #InvestmentStrategy #InflationRisk #marketvolatility

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Robert Goudie (ASIC Reg 235974), Ashley Rowan (ASIC Reg 433899), Olivia Glare (ASIC Reg 1262290), Rachael Todman (ASIC Reg 1270413) & Amy Lehmann (ASIC Reg 1292710) are Authorised Representatives of Consortium Private Wealth Pty Ltd ABN 74 616 250 965 AFS Licence 495401.