May 3, 2024
David Crotin, MASc, CIM, QAFP
![David Crotin, MASc, CIM, QAFP]()
David Crotin, MASc, CIM, QAFP
Working with business owners, executives and professionals to provide tax, investment and financial planning strategies to meet their needs and goals.
The Cash Dilemma - An embarrassment of riches
When is cash the right choice to achieve your objectives?
There are important reasons to remain in cash such as if those funds are earmarked for spending in the shorter time frame. For example, cash is perfect when the risk of owning stocks is unbearable and inappropriate including when you are looking to make a purchase using that cash in the near future.
CASH IS FOR SHORT-TERM LIQUIDITY, NOT INVESTING
The existence of cash in portfolios is always a concern because it's often a sign of a ship without a captain. The safety of cash can be settling because of the zero risk that it will disappear.
Founder & CEO, Group 8 Security Solutions Inc. DBA Machine Learning Intelligence
7moThanks a lot for posting!