Why Cash Is Not a Great Investment (Even With a 5% Yield!)
About this episode
"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
Get every episode summarized
Each time Stay Wealthy Retirement Podcast publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Stay Wealthy Retirement Podcast
The Most Overlooked Retirement Decision (It's Not Your Portfolio)
Stay Wealthy Retirement Podcast
The 6-Digit Code That Can Drain Your Retirement Account (And How to Stop It)
Stay Wealthy Retirement Podcast
The Real Cost of a Financial Advisor (And Why the 1% Math Is Misleading)
Stay Wealthy Retirement Podcast
Why the Happiest Retirees Spend Their Money Differently
Stay Wealthy Retirement Podcast