Financial Forum Podcast

Ep 19: Cold Hard Cash

March 5, 2020

We all like to check our bank account and see a healthy number staring back at us, but at what point do you have too much cash on hand? Today we want to focus on the benefits of having cold, hard cash but also why it’s important to understand that too much cash will bring your portfolio down over time.


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Today's rundown: 

0:44 – What are the most common needs for cash that requires you keeping it in your bank account?

2:43 – Then what’s the problem with having too much cash?

3:59 – How do you help clients determine how much cash they need?

6:37 – What makes people obsess over a certain amount of cash?

8:03 – In what ways can clients invest cash but keep it out of the market to avoid the volatility?

8:49 – Fixed index annuities might be an option.