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Why Cash Is Not a Great Investment (Even With a 5% Yield!)
Manage episode 366661748 series 1521440
"Cash is king."
But is it a great investment?
Historically, investors have built up dry powder to fund emergencies or survive market downturns.
But with cash now yielding close to 5%...
...many investors are viewing cash as a way to make money.
Today I'm sharing why cash — even at today's rates — is a bad investment.
I'm also sharing how much cash a retirement investor should consider holding.
WANT MORE RETIREMENT PLANNING TIPS?
Join thousands of listeners and subscribe to the Stay Wealthy Retirement Newsletter.
As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.
👉 Click here to subscribe and grab your cheatsheet.
***
EPISODE RESOURCES:
📘 Check Out My New Book: More Than Money
206 episodes
Manage episode 366661748 series 1521440
"Cash is king."
But is it a great investment?
Historically, investors have built up dry powder to fund emergencies or survive market downturns.
But with cash now yielding close to 5%...
...many investors are viewing cash as a way to make money.
Today I'm sharing why cash — even at today's rates — is a bad investment.
I'm also sharing how much cash a retirement investor should consider holding.
WANT MORE RETIREMENT PLANNING TIPS?
Join thousands of listeners and subscribe to the Stay Wealthy Retirement Newsletter.
As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet.
👉 Click here to subscribe and grab your cheatsheet.
***
EPISODE RESOURCES:
📘 Check Out My New Book: More Than Money
206 episodes
All episodes
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