CASH IS TRASH - What to Expect from Your Cash Over Time
Last year in January I wrote the below chapter on cash titled Cash is Trash. That was before the whole COVID situation and extreme monetary and fiscal reactions that followed (read: money printing). What happened over the last 12 months just emphasized the weaknesses of cash as an investment asset class in the current environment.
However, I know that many of you are still sitting on cash. If you have some short-term goal, that is ok. But if you have no immediate goal, you might think about other alternatives. In the following video I discuss the outlook for cash going forward and also give you an overview of alternative asset classes like stocks, index funds, bonds, real estate and other going into 2021.
CASH INVESTING & ALTERNATIVES 2021
I hope this helps a little bit with building and setting your financial future on sound fundamentals.