13 min
Let’s Talk About Cash Dollar Wise Podcast
-
- Investing
With recent banking collapses and interest rates still at recent highs, understanding the right place for your cash is more important than ever. In this episode, we discuss different options for cash while maximizing its value and protection. We’ll explore alternatives to bank accounts like money market funds and treasury bills.
By comparing various cash management strategies, you'll gain insights into the most effective ways to safeguard your wealth in uncertain times without sacrificing growth potential.
Tune into this episode to also learn:
Options for how to store your cashHow to maximize your money while maintaining a cash positionPros and cons of money market accounts and treasury bonds
What we discussed
(00:31) Should you keep physical cash?
(02:50) Is your money safe at a bank?
(03:54) Are treasury bonds worth it?
(07:47) What are money market mutual funds
(11:05) The best bang for your buck
3 Things To Remember
Inflation risk is real; holding physical cash leads to loss of purchasing power over time.If you sell your bond before maturity, you might lose money due to interest rate fluctuations. If rates rise after you buy the bond, newer bonds would typically offer higher returns, making your older, lower-yielding bond less attractive. Consequently, the value of your bond decreases, and selling it before maturity could result in a loss.Bond funds can be a simpler way to invest in debt instruments, balancing stocks in a portfolio.
Useful Links
How to purchase treasury bills: Treasurydirect.gov
Connect with Jason Gabrieli: jgabrieli@HFMadvisors.com | LinkedIn
Connect with Tyler Reedman: LinkedIn
Like what you’ve heard…
Learn more about HFM HERE
Schedule time to speak with us HERE
Check out our Financial Wellness Program – HFM Ignite
With recent banking collapses and interest rates still at recent highs, understanding the right place for your cash is more important than ever. In this episode, we discuss different options for cash while maximizing its value and protection. We’ll explore alternatives to bank accounts like money market funds and treasury bills.
By comparing various cash management strategies, you'll gain insights into the most effective ways to safeguard your wealth in uncertain times without sacrificing growth potential.
Tune into this episode to also learn:
Options for how to store your cashHow to maximize your money while maintaining a cash positionPros and cons of money market accounts and treasury bonds
What we discussed
(00:31) Should you keep physical cash?
(02:50) Is your money safe at a bank?
(03:54) Are treasury bonds worth it?
(07:47) What are money market mutual funds
(11:05) The best bang for your buck
3 Things To Remember
Inflation risk is real; holding physical cash leads to loss of purchasing power over time.If you sell your bond before maturity, you might lose money due to interest rate fluctuations. If rates rise after you buy the bond, newer bonds would typically offer higher returns, making your older, lower-yielding bond less attractive. Consequently, the value of your bond decreases, and selling it before maturity could result in a loss.Bond funds can be a simpler way to invest in debt instruments, balancing stocks in a portfolio.
Useful Links
How to purchase treasury bills: Treasurydirect.gov
Connect with Jason Gabrieli: jgabrieli@HFMadvisors.com | LinkedIn
Connect with Tyler Reedman: LinkedIn
Like what you’ve heard…
Learn more about HFM HERE
Schedule time to speak with us HERE
Check out our Financial Wellness Program – HFM Ignite
13 min