Why cower in cash when the FTSE 100 is paying over 4% a year?

Updated
Photo credit: Rafael Matsunaga. Licence: http://creativecommons.org/licenses/by/2.0/
Photo credit: Rafael Matsunaga. Licence: http://creativecommons.org/licenses/by/2.0/

Nobody likes to see the stock market going down, but for young to middle-aged investors saving for their retirement, lower prices are actually good news — and the dividend yield you're getting from the FTSE 100 is far more attractive than what you'll enjoy from cash.

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