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About this quote

What does it mean?
Keeping cash safe is the best way to avoid losing it.
In plain terms
Don't invest or spend if you want to keep your money.
What can you take from it?
Preservation is a valid financial strategy.

Where it applies

  • financial planning
  • economic uncertainty

Putting it to work

  • save cash
  • avoid high risk

Questions to consider

  • Is safety more important than growth?
  • What would you do with your money?

Another view

Cash loses value over time due to inflation.

More from Elbert Hubbard

  1. The love we give away is the only love we keep.

    Permalink to quote #98
  2. The supernatural is the natural not yet understood.

    Permalink to quote #100
  3. Positive anything is better than negative nothing

    Permalink to quote #97

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