Tuesday, July 19, 2016

54 million Americans think their best long-term investment is cash

Even though many people prefer cash investments, real estate is still a leader!

A surprising 54 million Americans said they preferred cash investments for money they did not need for 10 years or more, according to a recent report by Bankrate.com.

Overall, one quarter of Americans said real estate was the most favored investment option for savings they wanted to stash for over a decade, closely followed by cash. Stocks and precious metals were a distant third, tied at 16 percent, while bonds were the least popular at 5 percent.


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