Playing Offense With Your Portfolio
"Defense isn't designed to outperform offense. Its purpose is something far more important—it helps you stay in the game long enough for the offense to do its job." That is the line from this week's Meridian blog by Sarah Yakel, and it applies just as well to your portfolio as it does to the World Cup.
In this Meridian Market Minute, Nathan Gilbert breaks down a common misconception, that keeping money in cash or a bank account is the safe choice. In reality, sitting in cash means losing ground to inflation over time. Reaching your goals requires taking an appropriate amount of risk, not avoiding it altogether.
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