Interest rates are next to zero so does that change the old adage that cash is king? Is there a certain amount of cash someone should always have sitting in the bank? To find out the answers, check out this podcast!
[2:17] What does "is cash still king" mean?
[3:33] The role and amount needed for your cash reserve
[7:01] How would we define holding too much cash
[8:19] Our three bucket theory
[12:42] Role of cash to help with your short-term goals
Spoiler alert - cash is still king, just don't hold too much!
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Investment advice offered through Great Valley Advisor Group, a Registered Investment Advisor. Great Valley Advisor Group and Haas Financial Group are separate entities. This is not intended to be used as tax or legal advice. Please consult a tax or legal professional for specific information and advice.
