‘Cash is king’: The four money myths holding your savings hostage
The article challenges common financial myths that prevent people from investing, emphasizing that holding cash is not inherently safer than investing. It explains that cash loses value over time due to inflation, while investments, though volatile, offer long-term growth potential. The piece also debunks the idea that property is a safer investment than shares, highlighting the unique risks associated with real estate.
- ▪Cash may seem safe, but it loses value over time due to inflation, making it riskier in the long term than commonly believed.
- ▪Investing involves risk, but not investing also carries the risk of failing to meet long-term financial goals.
- ▪Property is often seen as a safe investment, but it comes with high costs, illiquidity, and concentration risk.
- ▪Shares offer diversification and liquidity, which can reduce overall investment risk compared to putting all money into a single property.
- ▪There is no risk-free financial option; individuals must choose which types of risks they are willing to accept.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-04-28T03:02:26Z","datePublished":"2026-04-28T03:02:26Z","description":"If you’ve got savings that you know you probably should invest, but you can’t quite bring yourself to do it, then this column is for you.","headline":"‘Cash is king’: The four money myths holding your savings hostage","keywords":"Financial literacy, Opinion, Just in","author":[{"@type":"Person","name":"Paridhi Jain","jobTitle":"Money…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.