Cash
Recently, there has been a global movement toward eliminating cash, Ron Rimkus, CFA, observes. It sounds strange, almost bizarre. Who exactly wants to eliminate cash? Why? What would we do without it? Rimkus explores these questions as well as the most critical one of all: Is it good for his mom?
Many of us are familiar with the song that begins, “Money makes the world go round.” As a card-carrying CFA charterholder and a recovering numbers cruncher, I will warrant that is how all too many measure the cycles of an… READ MORE ›
“Cash is trash” goes the saying in the market these days. Cash in a bank account yields virtually nothing, and near-cash investment vehicles like money market funds and certificates of deposit offer the prospect of paltry returns. No wonder… READ MORE ›
Individual investors should not be afraid to hold cash, even when it’s earning little, if it’s available to them when needed most. Investment professionals should get away from misguided notions about how much cash is too much cash in a portfolio.