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Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.Suze Orman
Many of the benefits from keeping terrorism fear levels high are obvious. Private corporations suck up massive amounts of Homeland Security cash as long as that fear persists, while government officials in the National Security and Surveillance State can claim unlimited powers and operate with unlimited secrecy and no accountability.Glenn Greenwald
In actuality, California could be a wonderful place to live. In fact, if you're highly educated and ambitious, you can do quite well here while enjoying the sun and the fun. The only problem: California will then blame you for your success and recommend that all your cash be removed from you.Ben Shapiro
Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.Warren Buffett
The positive aspect of my negative view is essentially that you shouldn't own cash and government bonds, but you should be in assets like real estate or equities or precious metals or in commodities.Marc Faber