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The Best Investment You Can Make Is an Investment in Yourself

Stansberry Investor Hour

CHAPTER

Hold Lots of Cash, Because That Cash Will Temper Your Losses

Inflation is a sticky phenomenon that will be around, and you'll feel its effects even after it truly pekes. Hold lots of cash does not prepare you for inflation, except when it does by beating the daylights out of equity multiples like it did in the seventies. You know, i don't think you can afford not to be invested, but i also don’t think you can Afford not to be holding plenty of cash.

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