Cash IS NOT King

http://www.fool.com/investing/general/2014/01/12/warren-buffett-says-this-is-the-worst-investment-y.aspx

Has the Currency world wide (cash) Become the village idiot.


According to Warren Buffet he states cash is no longer King I wonder if it ever was king as they print a over 1 trillion every year diluting the value of all the rest of the currency.

Some people may ask what is my writing on this blog for?

Where are we going exactly?

This blog is written to inform yourself of current global events that may impact your individual life in a negative way and I provide my insight of mental preparedness and maybe even a way to profit from the implications of these events
I believe it is ever so important to be prepared and have a level head when a crisis arrises the best preparation and your number one asset is the thing above your shoulders and we make decisions based on the accuracy of the information provided (we are only as knowledgeable as the source we got the information from) My mission is to provide actionable prevention strategies to help you weather the storm.

Where we are going is toward worst case probabilities. I provide those insights to keep you ahead of the game and aware of the ever changing world gov. laws and solutions that will hopefully help you and loved ones to better your life and secure the future you want. the information is my analysis and i provide my source within the blog.

Thank You

Gns+Research

Interview with Michael Pentohttp://kingworldnews.com/kingworldnews/Broadcast/Entries/2014/1/23_Michael_Pento.html


http://www.fool.com/investing/general/2014/01/12/warren-buffett-says-this-is-the-worst-investment-y.aspx

Source: BlackRock.

Just as Buffett says, cash will be worth less over time because of inflation. And even in developed economies, like the United States, where inflation is low, the cost of goods and services still outpaces the returns of cash investments. Some of the best savings account interest rates are centered in online-based accounts, but they still only provide an average of 0.85% in interest. While it's true that inflation will cut down the value of any asset over time, cash is the only one that has actually lost value -- as you can see in the chart above.

Timing is everythingThis advice from Buffett should be heeded by more than just those years away from retirement. With Americans living longer, most retirees fear the same thing: running out of money. And while that fear can lead them into various "safer" investments, choosing an all-cash approach could be self-fulfilling prophecy. Retirees can live anywhere from 10-40 years beyond their retirement date, and unlike those still working, a fixed income can be very difficult to stretch across all sorts of expenses. So Buffett's advice is just as relevant to retirees as it is to 20-somethings.

Let's be clearThough Buffett warns against the use of cash as an investment, he does state that it's important to have some on hand.

"We always keep enough cash around so I feel very comfortable and don't worry about sleeping at night. But it's not because I like cash as an investment. Cash is a bad investment over time. But you always want to have enough so that nobody else can determine your future, essentially."

Having an emergency fund or back-up savings account is not something Buffett would shake a finger at -- quite the opposite, in fact. But he would warn against letting your stash get too big. Otherwise, your money isn't working for you as you try to achieve your financial goals.