Learn · Knowledge Center Free access
Module 2 · Return engines · Lesson 1 of 5 · 4:21
Why cash is not safe
🔒 Module 2 is part of the full course
Mastering Investments, The Systematic Investor's Course: 8 modules, included in Premium. Module 1 stays free.
See Premium →
About the full course
Cash is safe from crashes but not from inflation: $100 from 1971 buys about $12 today. What each engine earned above inflation, and the jobs cash is good for.
In this lesson
- Fiat money and the 2% inflation target
- What $100 from 1971 buys today, and how fast prices double
- Stocks, bonds and cash after inflation since 1872
Apply it
Calculate your cash reserve: monthly costs × 3 to 6. Everything above that needs a job.