You are viewing a single comment's thread:
RE: Recent 5% Monthly Price Surge on LIC Stock
Cash in hand best but investment is necessary to deal with inflation and make the money grow but it's also important to invest at right time however it's hard to find out the right time
0.00000000 BEE
If I'm worried about a sharp market downturn, I don't see anything wrong with holding onto cash for a few days.
If I'm worried about inflation of the Argentine peso, my country's local currency, I can access an instrument that protects me from inflation and allows me to earn a little over 6% annually, which matures before the end of the year.
If I'm worried about inflation, I protect myself from it; I don't need to take on more risk in stocks.