David John Marotta
David John Marotta is the President of Marotta Wealth Management, a fee-only financial planning and asset management firm in Charlottesville, Virginia. He is an oft-quoted writer and speaker on financial matters and his weekly financial column can be found at www.eMarotta.comHost: Is my money safe?
David Morotta: No, your investments aren t safe. As I said, things can go up and down and the markets are inherently volatile, even cash in the bank is not completely safe because if you have cash in the bank and its paying a 5% rate of return and inflation is running at a 10% rate, you are losing 5% if you are buying power every year.
So, even investments that are considered safe, still have some lost opportunity costs and maybe losing their buying power. So, there isn t necessarily a safe place to put your money and that s why putting your money in lots of different places that on average go up, provide the best way of meeting your financial goals.
Videos in this Series

Is my money safe?