You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth,

and outrageous generosity.

We're talking with Roger in San Antonio, Roger 75 years old, Megan Fordnetworth got 93,000

dollars in mutual funds and 98,000 dollars in income, they're in 70,000 in underperforming

CDs and bonds and so forth wanting to know what he can put it into with virtually no

risk as he hates risk.

Is that a fair summary of what you told me so far?

Yes, sir, that was right on.

Okay, thanks.

So what I was saying going into the break is there's two kinds of risk.

One is the risk of losing the money, which is the risk you're worried about.

Putting it in something and it goes down in value or worse than that, it completely evaporates

to nothing.

And that's the great fear of someone who is risk averse.

I'm risk averse like you are.

Right, but sometimes in an effort to avoid that kind of risk, we embrace fully another

kind of risk that we didn't even realize was there because the average inflation rate

for the past 72 years has been 3.2 years, 3.2 percent, according to consumer price index.

In the last year or so, it's been, of course, a whole lot more than that.

We've got crazy inflation with all kinds of weird crap going on with whatever the economic

mess is that we have right now.

That's even worse.

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