Inflation Risk
Most individuals with money on deposit will look to avoid risk and, specifically, loss of their capital or money.
If you have an average deposit rate of 0.12% and inflation last year in Ireland was 5%, the differential is a capital loss because your money won't go as far.
If you're investing for the long term, the longer the investment term, the greater the probability of making a positive investment return, keeping your money growing in real terms, and not having that inflationary loss.
If long-term investing and inflation are something you need clarity on, feel free to get in touch and start a conversation??
https://integralfinancialplanning.ie/services/investments/