Sit in cash and your wealth will be gone with the winds of inflation

South African investors need to free their minds of the idea that they can take very little risk - even just invest in cash - and still earn inflation-beating returns, investment managers are warning.  Three managers who spoke at the recent Momentum Independent Multi-Manager Conference warn that fixed-interest returns will be  lower, and investors who require higher returns will have to take more risk by investing in longer-dated bonds, corporate bonds, listed property or equities.