Clever Quote: How many millionaires do you know who have become wealthy by investing in savings accounts….

How many millionaires do you know who have become wealthy by investing in savings accounts…. (A quote from Robert Allen)

The reality is that cash and bank deposits are low risk and fine for near term spending requirements and emergency funds but they won’t build wealth over long periods of time.. Despite periodic setbacks (1929 Crash, 1987 Crash, 2008 Global Financial Crisis), shares and other growth assets provide much higher returns over the long term than cash and bank deposits.

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