Tag Archives | cash reserves
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Quote Of The Week: How An Emergency Fund Can Boost Your Financial Confidence

“An emergency fund can boost peace of mind and financial confidence in long-term goals. In a report conducted by AARP, people with emergency funds felt 2.5 times more confident in their ability to achieve their financial goals than those who did not.” Christine Benz, “What the Coronavirus Means for the Future of Financial Planning,” Morningstar, October 13, […]

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Quote Of The Week: Cash May Be King, But It Isn’t Earning Anything

“Over the past two months, households have understandably wanted to boost their cash holdings to wait out the unprecedented volatility of the first quarter and the fear of lost wages.” “But while holding cash can be reassuring for households needing to meet short-term obligations, it can be detrimental to investment portfolios when it isn’t earning anything. And with […]

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Corporations, Like Consumers, Sock Away Cash

How many of us are holding more cash than is good for us because of the uncertain economic outlook? We all know that cash earns next to nothing.  It’s a bad investment, and can’t help but lose value once inflation is taken into account. But it’s hard to resist tucking those extra dollars away “just […]

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