Is ‘Cash Is Trash’ Good Advice for You to Follow?
<p>This phrase was made famous by legendary investor Ray Dalio. It’s been adopted by personal finance bloggers to encourage people to invest.</p>
<p>The basic premise of “cash is trash” is that if you keep cash in a savings account, you will slowly go broke because inflation will eat away at the “real” value of your money.</p>
<p>In this edition of <a href="https://benlefort.substack.com/s/calling-financial-bullhit" rel="noopener ugc nofollow" target="_blank">Calling Financial Bull$hit</a>, you will learn the specific circumstances when cash is trash and when it’s the most important asset you could hope to have.</p>
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