Inflation is that nasty little thing that eats away at your hard earned savings. For something that is essentially intangible it can do more damage than you realize. Granted the post recession effect on inflation has left it somewhat flat, but that isn’t going to last forever. In fact, right now we have some of the lowest interest rates we have seen in our lifetimes, and yet the stock market is hitting all time highs. To me this begs the question, “why are you so heavily invested in CD’s, money markets, and treasury bills”?
The recession has left many with a sour taste for investing, they are scared by the media, and they still have the dent in their 401K’s to remind them first hand of the dangers in investing. …