GOBankingRates has been publishing daily tips for living richer, with advice on budgeting, saving, investing, making the most of your career and managing debt and more. In the series, the author asks her favorite financial experts to share their opinions; publishing their answers each day for 31 days.

Dariusz Godlewski, a licensed investment advisor representative and the president of Financial Wealth Alliance, was asked to weigh in again on Day 13.

Dariusz says he believes investing as an essential part of a rich life can be achieved through a well-balanced portfolio.

“Cash equivalent accounts haven’t produced above inflation returns for the last few years now,” he said. “The well-diversified portfolio should produce on average a 6-8% rate of return over a longer period of time and at least keep up with inflation.”


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