Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.
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"Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money." — Suze Orman #moneywealth
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Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergenc…
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Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money. — Suze Orman
About Suze Orman
Suze Orman was a Author from United States (1951–present).
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Who said "Cash - in savings accounts, short-term CDs or money market deposits - is great…"?
This quote is attributed to Suze Orman, a Author from United States.
When did Suze Orman live?
Suze Orman lived from 1951 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.