the cash trap

There’s a high price to caution, says Andrew Allentuck, as holding too much cash sacrifices returns

aLL INVESTING and, you could say, all life is a balance between taking chances and playing it safe. That’s as true of business as it is of crossing the street, buying a car or a washing machine – something with an expected service life or putting cash into an asset like a stock or bond with the idea that investing and thus leaving less money for buying things today will make for a better, brighter tomorrow. Spend now, and you have less to invest for the future; invest now and you will have more to spend in the future. It is a decision we make every year and every day. But in your 50s, when most people start to think seriously about retirement, the question comes to a head: spend now…

You're reading a preview of

Zoomer (Digital) - 1 Issue, March 2019

DiscountMags is a licensed distributor (not a publisher) of the above content and Publication through Zinio LLC. Accordingly, we have no editorial control over the Publications. Any opinions, advice, statements, services, offers or other information or content expressed or made available by third parties, including those made in Publications offered on our website, are those of the respective author(s) or publisher(s) and not of DiscountMags. DiscountMags does not guarantee the accuracy, completeness, truthfulness, or usefulness of all or any portion of any publication or any services or offers made by third parties, nor will we be liable for any loss or damage caused by your reliance on information contained in any Publication, or your use of services offered, or your acceptance of any offers made through the Service or the Publications. For content removal requests, please contact Zinio.