Why Cash Is Not a Great Investment (Even With a 5% Yield!)

"Cash is king." But is it a great investment?  Historically, investors have built up dry powder to fund emergencies or survive market downturns. But with cash now yielding close to 5%... ...many investors are viewing cash as a way to make money. Today I'm sharing why cash — even at today's rates — is a bad investment. I'm also sharing how much cash a retirement investor should consider holding. WANT MORE RETIREMENT PLANNING TIPS? Join thousands of listeners and subscribe to the Stay Wealthy Retirement Newsletter. As a thank you, you'll receive a copy of my 2023 Tax Planning Cheatsheet. 👉 Click here to subscribe and grab your cheatsheet. *** EPISODE RESOURCES: 📘  Check Out My New Book: More Than Money ✏️  Grab the Episode Show Notes 📊  Get Your Free Retirement and Tax Analysis