Real return is the primary reason that emphasizing capital preservation to the exclusion of growth can leave you short financially over the long term.

提及真实回报率的主要原因是为了强调抛开增长因素外的资本储备可以致使你在长期内出现现金短缺。

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Some portion of savings (all of it for some, some of it for all people) is about simple preservation of capital values.

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An environment such as this puts investors in the uncomfortable position of having to choose between preservation of capital and preservation of purchasing power.

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While we say emerging market demand pushed it up, but we (also) say investment demand (supported it) as people used it as a preservation of capital.

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