Manulife Investment Management and Trust Corp. (Manulife IM Philippines) cautions that keeping cash instead of investing it in the stock market poses risks as inflation gradually erodes its purchasing power.
Equities and bonds offer higher potential long-term returns compared to cash, according to Equities Head Mark Canizares.
He highlights the impact of inflation by demonstrating a calculation showing the decline in the buying power of cash over a ten-year period.
This emphasizes the potential benefits of investing in professionally managed asset classes to navigate market risks and achieve higher returns.
